MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS

The commonly used approaches for assessing the volume of foreign currency flows to individualsprovide estimates, which do not entirely reflect the total amount of foreign currency in cash introduced inthe country. When these differences are significant, as in the case of the Republic of Moldova, it...

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Main Author: Mihail POISIC
Format: Article
Language:English
Published: National Institute for Economic Research 2017-02-01
Series:Economy and Sociology
Subjects:
Online Access:https://ince.md/uploads/files/1503562077_12-poisic.pdf
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author Mihail POISIC
author_facet Mihail POISIC
author_sort Mihail POISIC
collection DOAJ
description The commonly used approaches for assessing the volume of foreign currency flows to individualsprovide estimates, which do not entirely reflect the total amount of foreign currency in cash introduced inthe country. When these differences are significant, as in the case of the Republic of Moldova, it isnecessary to apply additional methods for obtaining reliable estimates on the volume of monetary flows.The article presents the results of the research on a reliable estimation of the foreign currency flows toindividuals. The methodological basis of the research consists in the analysis of the dynamic series offoreign exchange and cash flows, comparison method, other methodological approaches for theestimation of foreign currency flows. According to the research, foreign exchange flows to individuals areone third higher than official ones. These estimates give a meaningful assessment of the level of consumerdemand as well as other parameters of financial flows in the country.
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spelling doaj.art-f787a1e1006f47a49f50f83ecc9fd3e32022-12-21T23:37:53ZengNational Institute for Economic ResearchEconomy and Sociology1857-41301857-41302017-02-011&2112116MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODSMihail POISIC0PhD, Senior Researcher, National Institute for Economic Research, MoldovaThe commonly used approaches for assessing the volume of foreign currency flows to individualsprovide estimates, which do not entirely reflect the total amount of foreign currency in cash introduced inthe country. When these differences are significant, as in the case of the Republic of Moldova, it isnecessary to apply additional methods for obtaining reliable estimates on the volume of monetary flows.The article presents the results of the research on a reliable estimation of the foreign currency flows toindividuals. The methodological basis of the research consists in the analysis of the dynamic series offoreign exchange and cash flows, comparison method, other methodological approaches for theestimation of foreign currency flows. According to the research, foreign exchange flows to individuals areone third higher than official ones. These estimates give a meaningful assessment of the level of consumerdemand as well as other parameters of financial flows in the country.https://ince.md/uploads/files/1503562077_12-poisic.pdfmigrantsremittancesthe balance of exchange officespayment balancecurrency exchangecash.
spellingShingle Mihail POISIC
MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
Economy and Sociology
migrants
remittances
the balance of exchange offices
payment balance
currency exchange
cash.
title MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
title_full MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
title_fullStr MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
title_full_unstemmed MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
title_short MONETARY RECEIPTS FROM ABROAD TO INDIVIDUALS: EVALUATION METHODS
title_sort monetary receipts from abroad to individuals evaluation methods
topic migrants
remittances
the balance of exchange offices
payment balance
currency exchange
cash.
url https://ince.md/uploads/files/1503562077_12-poisic.pdf
work_keys_str_mv AT mihailpoisic monetaryreceiptsfromabroadtoindividualsevaluationmethods