Pregled bibliografske jedinice broj: 888233
Macroeconomic Effects of Workers’ Remittances: Evidence from the Western Balkan Countries
Macroeconomic Effects of Workers’ Remittances: Evidence from the Western Balkan Countries // Book of Abstracts, 20th International Scientific Conference on Economic and Social Development - ESD, Prague, 27-28 April 2017 / Yongqiang, Li ; Hunjet, Anica ; Roncevic, Ante (ur.).
Varaždin: VADEA, 2017. str. 11-11 (predavanje, međunarodna recenzija, sažetak, znanstveni)
CROSBI ID: 888233 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Macroeconomic Effects of Workers’ Remittances: Evidence from the Western Balkan Countries
(Macroeconomic Effects of Workers’ Remittances: Evidence from the Western Balkan Countries.)
Autori
Bucevska, Vesna ; Dumičić, Ksenija
Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni
Izvornik
Book of Abstracts, 20th International Scientific Conference on Economic and Social Development - ESD, Prague, 27-28 April 2017
/ Yongqiang, Li ; Hunjet, Anica ; Roncevic, Ante - Varaždin : VADEA, 2017, 11-11
Skup
Conference on Economic and Social Development - ESD
Mjesto i datum
Prag, Češka Republika, 27.04.2017. - 28.04.2017
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Migration, workers’ remittances, macroeconomic effects, panel data, the Western Balkan countries
Sažetak
Workers’remittances have been in the focus of researchers and policy makers for years due to their magnitude and positive impact on a micro and a macro level. However, the interest in this topic has resurged recently as a result of the upward trend of migrant remittances and especially of the striking increase of remittance inflows to the developing countries. Workers’ remittances are an extremely important source of external financing for most of the Western Balkan countries. During the latest global financial crisis, they helped these countries to maintain their foreign exchange reserves stable and to decrease their current account deficits. This study aims to investigate the macroeconomic effects of remittances sent to the Western Balkan countries, especially in times of financial shocks, such as the latest global economic and financial crisis 2008/2009. To achieve this objective, we estimate a model with fixed effects of period using panel quarterly data on migrant remittances per capita as a dependent variable and gross domestic product (GDP) per capita, gross monthly wages, unemployment rates, consumer price indices’ and total imports of goods as explanatory variables for four Western Balkan countries (Macedonia, Croatia, Serbia and Albania) over the period 2007-2015.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Napomena
This work has been supported in part by Croatian Science Foundation under the project Statistical Modelling for Response to Crisis and Economic Growth in Western Balkan Countries - STRENGTHS (No.: IP 2013-9402)
