Material Type  

 단행본

Date and Time of Latest Transaction  

20140127111319

ISBN  

9781475563764 (electronic bk.)

ISBN  

1475563760 (electronic bk.)

LC Callnumber  

HG3891

DDC  

332/.04246-23

Title/Author  

Workers remittances - [electronic resource] : an overlooked channel of international business cycle transmission? / prepared by Adolfo Barajas ... [et al.]

Publish Info  

[Washington, DC] : International Monetary Fund, c2012

Material Info  

1 online resource (25 p)

총서명  

IMF working paper ; WP/12/251

General Note  

Title from PDF title page (IMF Web site, viewed Oct. 25, 2012).

General Note  

"Middle East and Central Asia Department."

General Note  

"October 2012."

서지주기  

Includes bibliographical references.

Abstracts/Etc  

요약This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study demonstrates that this effect is robust and causal. Moreover, the econometric analysis reveals that remittance flows are more effective in channeling economic downturns than upswings from the sending countries to remittance-receiving economies. The analysis suggests that measures of openness and spillovers could be enhanced by accounting for the role of the remittances channel.

Subject Added Entry-Topical Term  

Emigrant remittances Econometric models

Subject Added Entry-Topical Term  

Business cycles Econometric models

Subject Added Entry-Topical Term  

BUSINESS & ECONOMICS / Finance.

Added Entry-Personal Name  

Barajas, Adolfo.

Added Entry-Corporate Name  

International Monetary Fund Middle East and Central Asia Department

Series Added Entry-Uniform Title  

IMF working paper ; WP/12/251.

Electronic Location and Access  

로그인을 한후 보실 수 있는 자료입니다.

Control Number  

joongbu:422485