메뉴 건너뛰기
.. 내서재 .. 알림
소속 기관/학교 인증
인증하면 논문, 학술자료 등을  무료로 열람할 수 있어요.
한국대학교, 누리자동차, 시립도서관 등 나의 기관을 확인해보세요
(국내 대학 90% 이상 구독 중)
로그인 회원가입 고객센터 ENG
주제분류

추천
검색
질문

논문 기본 정보

자료유형
학술저널
저자정보
Mahmud Hasan Shah (Jagannath  University) Changkon Choi (Chonbuk National University) Syeda Fatima Zahid (Islamic University)
저널정보
전북대학교 산업경제연구소 Asia-Pacific Journal of Business & Commerce Asia-Pacific Journal of Business & Commerce 아태경상저널 제9권 제1호
발행연도
2017.4
수록면
1 - 28 (28page)

이용수

표지
📌
연구주제
📖
연구배경
🔬
연구방법
🏆
연구결과
AI에게 요청하기
추천
검색
질문

초록· 키워드

오류제보하기
Remittances area Stable source of financial volatility for remittance-receiving countries, although capital flows have fallen sharply for lower middle income countries during recent years. This study examines the relationships between remittances andthe monetary transmission channel, aside from the exogenously imposed assumption of price rigidity. The model is built up from microeconomic foundations and is analyzed using the autoregressive distributed lag (ARDL) co-integration framework for the lower middle income countries with the highest remittances as a percentage share of GDP in 2013. The results, based on the bounds testing procedure, confirm that a stable, long-run relationship exists between remittance growth and monetary variables. The empirical results show that there is a unique co-integrated and stable long-run relationship among broad money growth, GDP growth, inflation rate, official exchange rate, and real interest rate for all eight counties. We find that the remittance elasticity coefficients are mixed and inconsistent for each individual country among the lower middle income countries. Our results also reveal that, after incorporating the CUSUM and the Cumulative Sum of Recursive Residuals (CUSUMSQ) rests, the remittance function was stable was stable between 1980 and 2014. This finding therefore explain the monetary nature of the transfersin the presence of remittances and financial developments in the financial sector.

목차

Abstract
1. Introduction
2. Reviews of Literature
3. Description of Research Dimensions
4.1 Data and Empirical Results
4.2 Interpreting the Result
5. Conclusions
References

참고문헌 (0)

참고문헌 신청

함께 읽어보면 좋을 논문

논문 유사도에 따라 DBpia 가 추천하는 논문입니다. 함께 보면 좋을 연관 논문을 확인해보세요!

이 논문의 저자 정보

이 논문과 함께 이용한 논문

최근 본 자료

전체보기

댓글(0)

0