Remittances in Small Island Developing States

被引:17
作者
Amuedo-Dorantes, Catalina [2 ]
Pozo, Susan [1 ]
Vargas-Silva, Carlos [3 ]
机构
[1] Western Michigan Univ, Dept Econ, Kalamazoo, MI 49008 USA
[2] San Diego State Univ, Dept Econ, San Diego, CA 92182 USA
[3] Univ Oxford, Int Migrat Inst, Oxford OX1 2JD, England
关键词
REAL EXCHANGE-RATE; WORKERS REMITTANCES; MIGRATION; GROWTH; MEXICO;
D O I
10.1080/00220381003623863
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
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.
引用
收藏
页码:941 / 960
页数:20
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