Record Details

The Effects of Remittances on Inflation: Evidence from Bangladesh

Journal of Economics and Business Research

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Field Value
 
Title The Effects of Remittances on Inflation: Evidence from Bangladesh
 
Creator Khan, Zakir Saadullah
Islam, Shamimul
 
Description Like many developing countries, remittances are relatively larger capital inflows in Bangladesh in the recent years. Hence, understanding the impact of remittances on the macroeconomic variables such as inflation is essential for the policy makers of the recipient economy. Incorporating remittances as an exogenous variable to the standard inflation function, this paper verifies how it affects the inflation rate in Bangladesh in the 1972-2010 periods. Applying Vector Autoregressive (VAR) techniques, the empirical results find that a one percent increase in remittances inflows increases inflation rate by 2.48 percent in the long run, whereas no significant relationship is evident between these two variables in the short-run in Bangladesh.
 
Publisher Journal of Economics and Business Research
 
Contributor
 
Date 2013-09-09
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.uav.ro/jour/index.php/jebr/article/view/94
 
Source Journal of Economics and Business Research; Vol 19, No 2 (2013): J of Economics & Business; 198-208
2069-9476
2068-3537
 
Language eng
 
Relation http://www.uav.ro/jour/index.php/jebr/article/view/94/pdf_39