Volatility of Remittances to Pakistan: What do the Data Tell?

被引：0
|
作者：
Mughal, Mazhar Yasin [1 ]
Makhlouf, Farid [1 ]
机构：
[1] CATT Univ Pau & Pays Adour, Pau, France
来源：
ECONOMICS BULLETIN | 2011年 / 31卷 / 01期
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the volatility of remittance flows to Pakistan using the ARCH model. We find overall remittances to be stable, whereas those from the Middle East and North America are relatively volatile, owing to fluctuations in the output of the host economies and the migrants' profile. Remittances from Europe are the least volatile and do not vary as a result of shocks to the host or home economy. Remittances to Pakistan, especially those from Europe, can thus be used as a stable source of foreign exchange flows.
引用
收藏
页码：605 / 612
页数：8
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