Macroeconomic Determinants of Remittances: Evidence from India (EPub)
By:Mrs. Poonam Gupta
Published on 2005-12-01 by International Monetary Fund
Remittances to India have been growing rapidly since 1991, making it one of the largest recipients of remittances. This paper analyzes the determinants of remittances to India and finds that their growth over time can be explained by the increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source countries, and appear to be countercyclical-that is, higher during periods of low economic growth in India. None of the remaining economic or political variables considered in the paper, including political uncertainty, interest rates, or exchange rate depreciation, are found to affect remittances significantly.
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Book ID of Macroeconomic Determinants of Remittances: Evidence from India (EPub)'s Books is 1-L5Cn-bR-QC, Book which was written byMrs. Poonam Guptahave ETAG "iFntPn4grmM"
Book which was published by International Monetary Fund since 2005-12-01 have ISBNs, ISBN 13 Code is 9781451987355 and ISBN 10 Code is1451987358
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