Showing 1 - 10 of 1,014
Remittances to Mexico have increased more than six times in the past two decades. The boom in remittances can be … with the amount of remittances received by Mexico. Contrary to what some researchers argue, we find that despite the … existence of some correlation between remittances and the peso's value vis-a-vis the dollar, there is no evidence of statistical …
Persistent link: https://www.econbiz.de/10013238312
-sectional dependence and individual effects are controlled for, remittances to sub-Saharan Africa as a whole increase the underlying real …
Persistent link: https://www.econbiz.de/10010414750
interdependence between remittances, money demand and the real exchange rate in the Dominican economy. To that end, we estimate a … results from the study can not reject the hypothesis that increases in the flow of remittances contribute to the appreciation …. We further conclude that remittances have a significant impact on the demand for money as well as identify the real …
Persistent link: https://www.econbiz.de/10013097813
The paper explores the impact of workers' remittances on the level of export diversification. The hypothesis is that … significant inflow of remittances causes overvaluation of real exchange rate, which in turn deteriorates diversity of export. The …–2016 period and System GMM methodology. The evidence suggests that indeed large inflow of remittances is associated with less …
Persistent link: https://www.econbiz.de/10012051031
For CIS countries, remittances have been growing drastically over the past decade. They have become an important source …. I test whether increasing remittances lead to appreciation of the real exchange rate and cause Dutch disease phenomenon …
Persistent link: https://www.econbiz.de/10012997504
Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead …
Persistent link: https://www.econbiz.de/10014048966
The paper employs partial and biwavelet coherence techniques to examine the time-frequency dependence structure of international remittance inflow on economic growth by moderating the effect of exchange rates. We investigate the comovements of remittance and economic growth from 1980 to 2020. We...
Persistent link: https://www.econbiz.de/10014500520
This article analyzes the relationship between remittances, exchange rates and money demand in Mexico. We find that … shocks to remittances have a positive impact on domestic money demand. The results also suggest the existence of a bi …-directional relationship between remittances and the exchange rate. Furthermore, positive shocks to remittances are found to have a negative …
Persistent link: https://www.econbiz.de/10012777996
value of international remittances in origin currency relative to their real value in destination currency. Theoretical … models predict a response in the form of some adjustment in remittances, measured in either currency. We construct real … evidence shows that remittances as a share of destination countries' GDP tend to remain virtually unchanged, so that real …
Persistent link: https://www.econbiz.de/10011997612
This paper estimates the effect of grants and workers' remittances on Jordan's long-term equilibrium real exchange rate … the period 1964 to 2005. Controlling for other fundamentals, we find that both grants and workers' remittances appreciate …
Persistent link: https://www.econbiz.de/10012779036