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Remittance. Forecasting Methodology And Instruments

Author

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  • GHERBOVEŢ, Sergiu

    (National Institute for Economic Research, Academy of Sciences of Moldova, Chişinău, Republic of Moldova)

Abstract

Remittances generally reduce the level and severity of poverty and lead to: higher human capital accumulation; improved access to formal financial sector services; enhanced small business investment; more entrepreneurship. Remittances are playing an increasingly large role in the economy of Republic of Moldova, contributing to economic growth and to the livelihoods of less prosperous people. In this context, a special role lies this flow forecasting. Considering these facts, the article aims to describe econometric estimation of money transfers associated with remittances.

Suggested Citation

  • GHERBOVEŢ, Sergiu, 2014. "Remittance. Forecasting Methodology And Instruments," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 163-167.
    • Handle: RePEc:vls:rojfme:v:1:y:2014:i:1:p:163-167
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    References listed on IDEAS

    as
    1. Matloob Piracha & Amrita Saraogi & as405@kent.ac.uk, 2011. "Motivations for Remittances: Evidence from Moldova," Studies in Economics 1101, School of Economics, University of Kent.
    2. Lucas, Robert E B & Stark, Oded, 1985. "Motivations to Remit: Evidence from Botswana," Journal of Political Economy, University of Chicago Press, vol. 93(5), pages 901-918, October.
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    Cited by:

    1. Petreski Marjan & Petreski Blagica & Tumanoska Despina & Narazani Edlira & Kazazi Fatush & Ognjanov Galjina & Jankovic Irena & Mustafa Arben & Kochovska Tereza, 2017. "The Size and Effects of Emigration and Remittances in the Western Balkans. A Forecasting Based on a Delphi Process," Südosteuropa. Journal of Politics and Society, De Gruyter, vol. 65(4), pages 679-695, December.
    2. Petreski Marjan & Petreski Blagica & Tumanoska Despina & Narazani Edlira & Kazazi Fatush & Ognjanov Galjina & Jankovic Irena & Mustafa Arben & Kochovska Tereza, 2017. "The Size and Effects of Emigration and Remittances in the Western Balkans. A Forecasting Based on a Delphi Process," Comparative Southeast European Studies, De Gruyter, vol. 65(4), pages 679-695, December.

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    More about this item

    Keywords

    remittance; forecast; econometrics;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances

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