The Role of Remittances in Financial Crisis: Empirical Evidence from Macedonia

Bucevska, Vesna

doi:10.1080/1331677x.2011.11517482

Cited by 6 publications

(4 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…). Moreover, Bucevska () examined the role of remittances in financial crisis using the vector error correction (VEC) model and found that real remittances have a destabilizing effect on the economic growth and do not cushion large fluctuations during economic downturn.…”

Section: Literature Reviewmentioning

confidence: 99%

“…With respect to Macedonia, studies conducted at household level show that remittances have a positive effect on consumption, poverty reduction, health (especially for females and rural dwellers), and owning businesses (Petreski & Jovanovi c, 2013a, 2016Petreski et al 2014). Moreover, Bucevska (2011) examined the role of remittances in financial crisis using the vector error correction (VEC) model and found that real remittances have a destabilizing effect on the economic growth and do not cushion large fluctuations during economic downturn.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Effect of Remittances on Economic Growth in Kyrgyzstan and Macedonia: Accounting for Financial Development

Kumar

Stauvermann

Patel

et al. 2017

International Migration

View full text Add to dashboard Cite

Kyrgyzstan and Macedonia have experienced a reasonable increase in remittances over the last twenty-five years. Subsequently, the extent to which remittances can be instrumental for economic development of the two countries has gained serious attention in recent development dialogues. The aim of this study is to examine the impact of remittances versus financial development on the economic growth of the two counties, complementing the burgeoning interest and focus on remittances for policy. The short-run and the long-run effects and the causality dynamics of remittances and financial development, are explored. The results show a long-run positive impact of remittances on the economic growth of these countries. The impact of financial development is negative, significant only for Kyrgyzstan and not statistically significant for Macedonia. The causality results show that remittances support economic growth for Kyrgyzstan, whereas economic growth appears to propel remittances for Macedonia.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Effect of Remittances on Economic Growth in Kyrgyzstan and Macedonia: Accounting for Financial Development

Kumar

Stauvermann

Patel

et al. 2017

International Migration

View full text Add to dashboard Cite

show abstract

“…The Romanians working abroad have become, due to their remittances, one of the most important foreign direct investors (in 2017 Remittances were 2.02% of GDP while Foreign Direct Investments were 2.33% of GDP), which are considered a large source of external financing. (Gradi, 2014 andBucevska, 2011). Under those circumstances, there are more and more questions about the way those remittances influence not only the migrants' families that were left behind, but also the economic development of the country.…”

Section: Remittances and The Economic Growthmentioning

confidence: 99%

The impact of remittances on the receiving country: some evidence from Romania in European context

Cismaṣ

Curea-Pitorac

Vadasan

2019

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

The objective of this paper is to study the impact of remittances upon the origin country of emigrants. In order to achieve our purpose, we have performed a quantitative analysis by using econometric models to highlight the correlation and the causality between the studied variables. The empirical research focused on two directions: first, we studied if the remittances cycle is more stable over the business cycle than private capital flows and secondly, we analysed the influence of the inflow of remittances on the economic activity in CEE countries, with emphasis on Romania. Our results are in accordance with the recent studies in the field and conclude that the inflow of remittances is more stable over the business cycle but does not stimulate economic growth in Romania.

show abstract

“…The list of jobs, where labor shortages are persisting, was set by a special Commission and then published on the website of the Central Office of Labor, Social Affairs and Family. It is updated on the annual basis (Bucevska, 2011;Crespo Cuaresma et al, 2014).…”

Section: Recruitment Of Workers From Third Countriesmentioning

confidence: 99%

Labor Mobility of Foreigners in Slovak Republic

2019

View full text Add to dashboard Cite

The issue of international labor migration is currently one of the most serious and discussed issues in all EU countries. This is also the case in Slovakia. The paper focuses primarily on the description of the current development of Slovak migration policy, which reflects the current situation at Slovak labor market. The impact of the simplified recruitment of workers from third countries for their employment in Slovakia is documented on the basis of the latest statistics. We consider efforts to modernize migration policies as one of the possible means of addressing the situation of labor shortages at Slovak labor market.

show abstract

The Role of Remittances in Financial Crisis: Empirical Evidence from Macedonia

Abstract: ABSTRACT

Cited by 6 publications

References 4 publications

The Effect of Remittances on Economic Growth in Kyrgyzstan and Macedonia: Accounting for Financial Development

The Effect of Remittances on Economic Growth in Kyrgyzstan and Macedonia: Accounting for Financial Development

The impact of remittances on the receiving country: some evidence from Romania in European context

Labor Mobility of Foreigners in Slovak Republic

Contact Info

Product

Resources

About