Remittances in Small Island Developing States.
We examine how remittances relate to the exchange rate, natural disasters and foreign aid focusing on Small Island Developing States (SIDS). Using panel VAR methods, we are able to compensate for both data limitations and endogeneity issues. While remittances respond to innovations in the macroecono...
| Main Authors: | , , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Taylor and Francis
2010
|
| _version_ | 1797053698345533440 |
|---|---|
| author | Amuedo-Dorantes, C Pozo, S Vargas-Silva, C |
| author_facet | Amuedo-Dorantes, C Pozo, S Vargas-Silva, C |
| author_sort | Amuedo-Dorantes, C |
| collection | OXFORD |
| description | We examine how remittances relate to the exchange rate, natural disasters and foreign aid focusing on Small Island Developing States (SIDS). Using panel VAR methods, we are able to compensate for both data limitations and endogeneity issues. While remittances respond to innovations in the macroeconomic variables included in the analysis, remittances also have important impacts on these variables. Furthermore, the impact of remittances differs in SIDS economies relative to the set of all developing economies. Remittances appear to depreciate the real exchange in SIDS economies, whereas they appreciate the real exchange rate when a broader sample of economies is considered. |
| first_indexed | 2024-03-06T18:47:19Z |
| format | Journal article |
| id | oxford-uuid:0ef353a1-8e5f-45ac-84f1-bc906303bbff |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T18:47:19Z |
| publishDate | 2010 |
| publisher | Taylor and Francis |
| record_format | dspace |
| spelling | oxford-uuid:0ef353a1-8e5f-45ac-84f1-bc906303bbff2022-03-26T09:48:51ZRemittances in Small Island Developing States.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:0ef353a1-8e5f-45ac-84f1-bc906303bbffEnglishDepartment of Economics - ePrintsTaylor and Francis2010Amuedo-Dorantes, CPozo, SVargas-Silva, CWe examine how remittances relate to the exchange rate, natural disasters and foreign aid focusing on Small Island Developing States (SIDS). Using panel VAR methods, we are able to compensate for both data limitations and endogeneity issues. While remittances respond to innovations in the macroeconomic variables included in the analysis, remittances also have important impacts on these variables. Furthermore, the impact of remittances differs in SIDS economies relative to the set of all developing economies. Remittances appear to depreciate the real exchange in SIDS economies, whereas they appreciate the real exchange rate when a broader sample of economies is considered. |
| spellingShingle | Amuedo-Dorantes, C Pozo, S Vargas-Silva, C Remittances in Small Island Developing States. |
| title | Remittances in Small Island Developing States. |
| title_full | Remittances in Small Island Developing States. |
| title_fullStr | Remittances in Small Island Developing States. |
| title_full_unstemmed | Remittances in Small Island Developing States. |
| title_short | Remittances in Small Island Developing States. |
| title_sort | remittances in small island developing states |
| work_keys_str_mv | AT amuedodorantesc remittancesinsmallislanddevelopingstates AT pozos remittancesinsmallislanddevelopingstates AT vargassilvac remittancesinsmallislanddevelopingstates |