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Push or Pull? The Determinants of Remittances to Egypt

Author

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  • Al-Mashat Rania

    (Central Bank of Egypt)

  • Billmeier Andreas

    (Ziff Brothers Investments, L.L.C.)

Abstract

Egypt is the recipient of sizeable remittance flows sent by the large number of Egyptians working outside their home country. In this paper, we analyze the relationship between these remittances and other macroeconomic variables, taking into account the nonstationary character of these time series. We find that both pull and push factors familiar from the capital flow literature are cointegrated with remittances, but our data do not allow us to clearly distinguish between altruism and other competing motives among the pull factors.

Suggested Citation

  • Al-Mashat Rania & Billmeier Andreas, 2012. "Push or Pull? The Determinants of Remittances to Egypt," Review of Middle East Economics and Finance, De Gruyter, vol. 8(2), pages 1-27, October.
    • Handle: RePEc:bpj:rmeecf:v:8:y:2012:i:2:n:2
    DOI: 10.1515/1475-3693.1429
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    References listed on IDEAS

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    Cited by:

    1. Ahmed, Junaid & Martinez-Zarzoso, Inmaculada, 2014. "What drives bilateral remittances to Pakistan? A gravity model approach," University of Göttingen Working Papers in Economics 209, University of Goettingen, Department of Economics.
    2. Omneia HELMY & Chahir ZAKI & Aliaa ABDALLAH, 2020. "Do Workers’ Remittances Promote Consumption Stability In Egypt?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(2), pages 127-144.
    3. Anthony Enisan Akinlo & Michael Segun Ojo, 2021. "Examining the asymmetric effects of oil price shocks on remittances inflows: evidence from Nigeria," SN Business & Economics, Springer, vol. 1(10), pages 1-16, October.
    4. Ahmed, Junaid & Martínez-Zarzoso, Inmaculada, 2015. "Do transfer costs matter for foreign remittances? A gravity model approach," Economics Discussion Papers 2015-12, Kiel Institute for the World Economy (IfW Kiel).
    5. Abbas, Shujaat, 2020. "Impact of oil prices on remittances to Pakistan from GCC countries: evidence from panel asymmetric analysis," MPRA Paper 107246, University Library of Munich, Germany.

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