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Macroeconomic Determinants of Migrants' Remittances: New Evidence from a panel VAR

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Abstract

This paper examines the macroeconomic determinants of migrants' remittances dynamics. The study uses panel VAR methods in order to compensate for both data limitations and endogeneity among variables. The analysis considers annual data for 14 Latin and Caribbean countries over the period 1990-2007. The results show evidence that host (U.S) economic conditions are an important factor explaining remittances dynamics, while home economic conditions do not have a significant influence on remittances

Suggested Citation

  • Dramane Coulibaly, 2009. "Macroeconomic Determinants of Migrants' Remittances: New Evidence from a panel VAR," Documents de travail du Centre d'Economie de la Sorbonne 09007, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  • Handle: RePEc:mse:cesdoc:09007
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    File URL: ftp://mse.univ-paris1.fr/pub/mse/CES2009/09007.pdf
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    Cited by:

    1. Ziesemer, Thomas H.W., 2012. "Worker remittances, migration, accumulation and growth in poor developing countries: Survey and analysis of direct and indirect effects," Economic Modelling, Elsevier, vol. 29(2), pages 103-118.
    2. Safaa Tabit & Charaf-Eddine Moussir, 2016. "Macroeconomic Determinants of Migrants’ Remittances: Evidence from a Panel of Developing Countries," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 6(7), pages 1-11, July.
    3. Moussir, Charaf-Eddine & Tabit, Safaa, 2016. "Macroeconomic Determinants of Migrants’ Remittances: Evidence from a Panel of Developing Countries," MPRA Paper 72956, University Library of Munich, Germany, revised 2016.

    More about this item

    Keywords

    International migration; remittances; business cycles;

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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