Determinants of Remittances: Evidence From tonga
This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the Tongan currency appreciates, but increases with higher real G...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2011
|
| Series: | IMF Working Papers
Working Paper No. 11/18 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the Tongan currency appreciates, but increases with higher real GDP growth and lower unemployment in remitting countries. The analysis also finds that the influence of these determinants varies with the recipients of remittances, with remittances to non-profit organizations being more sensitive to an appreciation of the Tongan currency and the interest rate differential between Tonga and remitting countries than remittances to households. However, the analysis does not find evidence of "?Dutch Disease" in Tonga, as the real exchange rate does not appear to be affected by remittances |
| Physical Description: | 1 Online-Ressource (17 p) |
| ISBN: | 1455211974 9781455211975 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:37Z |
| indexdate | 2024-07-10T09:35:47Z |
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| spelling | Lin, Hannah Huidan Verfasser aut Determinants of Remittances Evidence From tonga Lin, Hannah Huidan Washington, D.C International Monetary Fund 2011 1 Online-Ressource (17 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/18 This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the Tongan currency appreciates, but increases with higher real GDP growth and lower unemployment in remitting countries. The analysis also finds that the influence of these determinants varies with the recipients of remittances, with remittances to non-profit organizations being more sensitive to an appreciation of the Tongan currency and the interest rate differential between Tonga and remitting countries than remittances to households. However, the analysis does not find evidence of "?Dutch Disease" in Tonga, as the real exchange rate does not appear to be affected by remittances Online-Ausg http://elibrary.imf.org/view/IMF001/11614-9781455211975/11614-9781455211975/11614-9781455211975.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Lin, Hannah Huidan Determinants of Remittances Evidence From tonga |
| title | Determinants of Remittances Evidence From tonga |
| title_auth | Determinants of Remittances Evidence From tonga |
| title_exact_search | Determinants of Remittances Evidence From tonga |
| title_exact_search_txtP | Determinants of Remittances Evidence From tonga |
| title_full | Determinants of Remittances Evidence From tonga Lin, Hannah Huidan |
| title_fullStr | Determinants of Remittances Evidence From tonga Lin, Hannah Huidan |
| title_full_unstemmed | Determinants of Remittances Evidence From tonga Lin, Hannah Huidan |
| title_short | Determinants of Remittances |
| title_sort | determinants of remittances evidence from tonga |
| title_sub | Evidence From tonga |
| url | http://elibrary.imf.org/view/IMF001/11614-9781455211975/11614-9781455211975/11614-9781455211975.xml |
| work_keys_str_mv | AT linhannahhuidan determinantsofremittancesevidencefromtonga |