Migration Remittances Inflows and Macroeconomic Shocks: The Case of Egypt
This paper explores to what extent Egyptian remittances inflows serve as a hedge against macroeconomic shocks. This is the first study applied on Egypt focusing on both the determinants of remittances and their cyclical behavior at the same time. By estimating a vector error correction (VEC) model,...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-10-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/1477 |