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staggering amount of remittances outflow of the GCC economies plays a stabilizing role as a tacit monetary policy tool …. Incorporating remittances in the money demand equation results in a more robust model than otherwise. We further find that the …
Persistent link: https://www.econbiz.de/10010472482
. The role of Fed policy for remittances has not yet been studied. We estimate a series of panel local projections for …
Persistent link: https://www.econbiz.de/10012694427
-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances … countries. We find that in comparison to traditional remittances sending channels, mobile money transfer channels are often …, availability and access to the remittances by receiving households or security of transactions. More importantly,mobile cash …
Persistent link: https://www.econbiz.de/10012174434
Migrants’ remittances are an important financial flow to their country of origin. Remittances sent by migrants reduce … private consumption and their investments. This paper aims to analyse the impact of remittances on economic growth, private … countries collected for the period between 1989 and 2015. Using a panel data set , our results show that migrants’ remittances …
Persistent link: https://www.econbiz.de/10011793525
staggering amount of remittances outflow of the GCC economies plays a stabilizing role as a tacit monetary policy tool …. Incorporating remittances in the money demand equation results in a more robust model than otherwise. We further find that the …
Persistent link: https://www.econbiz.de/10013028190
This article studies the response of Mexico's monetary policy to inflows of workers' remittances. Previous studies have … shown that remittances can have an impact on several macroeconomic variables of the receiving country (e.g. exchange rate …, inflation and output, among others). Mexico has the largest inflow of remittances in Latin America and the second largest inflow …
Persistent link: https://www.econbiz.de/10012766365
Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...
Persistent link: https://www.econbiz.de/10011548098
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