The lag effect of economic policy uncertainty on remittances

Constant L. Yayi

Applied Economics Letters, 2023, vol. 30, issue 14, 1960-1965

Abstract: We examine the effects of economic policy uncertainty (EPU) on remittances paid by international migrants using a sample of 14 developed countries over the period spanning from 1997 to 2020. Contrary to the intuition, our results indicate that EPU has no contemporaneous effect but rather a lagged positive and significant effect on remittances paid. More specifically, we find that remittances paid per capita increase by 0.11–0.13% in the year following the period of uncertainty. These findings confirm the resiliency of remittances sent by international migrants from developed to developing countries during times of uncertainties.

Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2022.2086681 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:30:y:2023:i:14:p:1960-1965

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2022.2086681

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().