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Do remittances respond to revolutions? The Evidence from Tunisia

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  • Edelbloude, Johanna
  • Fontan Sers, Charlotte
  • Makhlouf, Farid

Abstract

Remittances are an important financial flow to developing countries. The objective of this paper is to empirically investigate the reaction of Tunisian migrants through their remittances to Arab Spring in Tunisia. From monthly data acquired using times-series techniques for remittances from January 2000 to December 2016, we find reasonably strong evidence that remittances associated with Arab Spring increased. Remittances can play a positive role in absorbing economic shocks resulting from political revolution in home countries. These governments could benefit from migrants to boost their countries’ development.

Suggested Citation

  • Edelbloude, Johanna & Fontan Sers, Charlotte & Makhlouf, Farid, 2017. "Do remittances respond to revolutions? The Evidence from Tunisia," Research in International Business and Finance, Elsevier, vol. 42(C), pages 94-101.
    • Handle: RePEc:eee:riibaf:v:42:y:2017:i:c:p:94-101
    DOI: 10.1016/j.ribaf.2017.04.044
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    Cited by:

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    2. Farid Makhlouf & Refk Selmi, 2021. "The role of remittances in times of socio-political unrest: Evidence from Tunisia," Working Papers hal-03263815, HAL.
    3. Hou, Yulin & Jia, Shaomeng, 2023. "Do remittances react to commodity windfall? Evidence from Latin America and the Caribbean," Economic Modelling, Elsevier, vol. 121(C).
    4. Kamal Kasmaoui & Farid Makhlouf & Youssef Errami, 2020. "Does Trust in Home Countries Matter for Formal Remittances?," Working Papers hal-02886563, HAL.
    5. Oussama Ben Atta & Kamal Kasmaoui & Mazhar Yasin Mughal & Farid Makhlouf, 2021. "More remittances, fewer kids—Impact of remittances on fertility in Morocco," Journal of International Development, John Wiley & Sons, Ltd., vol. 33(8), pages 1238-1256, November.
    6. Refk Selmi & Farid Makhlouf, 2021. "Can Venezuelan scenario be repeated in Tunisia? The role of remittances in an inflationary context," Working Papers hal-03429730, HAL.
    7. Md. Qamruzzaman (a) and Wei Jianguo (b), 2020. "Nexus between Remittance and Household Consumption: Fresh Evidence from Symmetric or Asymmetric Investigation," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(3), pages 1-27, September.

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