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Economic Uncertainty and Remittances Flow: Heterogeneity Matters

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  • MAWUSI, Charles

Abstract

This paper analyzes the effect of economic policy uncertainty on inward remittances for 138 countries over the period 1995-2018. While our results suggest that increased economic policy uncertainty induces remittances in the long-run, we find that significant heterogeneity exists across advanced, emerging, and developing economies.

Suggested Citation

  • MAWUSI, Charles, 2020. "Economic Uncertainty and Remittances Flow: Heterogeneity Matters," MPRA Paper 103097, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:103097
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    File URL: https://mpra.ub.uni-muenchen.de/106224/1/MPRA_paper_106224.pdf
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    References listed on IDEAS

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    2. Giovanni Caggiano & Efrem Castelnuovo & Juan Manuel Figueres, 2020. "Economic Policy Uncertainty Spillovers in Booms and Busts," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(1), pages 125-155, February.
    3. Ralph Chami & Connel Fullenkamp & Samir Jahjah, 2005. "Are Immigrant Remittance Flows a Source of Capital for Development?," IMF Staff Papers, Palgrave Macmillan, vol. 52(1), pages 55-81, April.
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    More about this item

    Keywords

    Remittances; Economic uncertainty; system GMM; Panel data;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances

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