Are Workers' Remittances a Hedge Against Macroeconomic Shocks? The Case of Sri Lanka

dc.contributor.author	Lueth, E.
dc.contributor.author	Ruiz-Arranz, M.
dc.date.accessioned	2014-08-05T03:28:03Z
dc.date.available	2014-08-05T03:28:03Z
dc.date.issued	2007
dc.identifier.uri	http://220.247.212.102/handle/789/51
dc.description	IMF Working Paper – WP/07/22	en_US
dc.description.abstract	The paper attempts to determine the response of remittance receipts to macroeconomic shocks in Sri Lanka. No work has been done in this connection earlier. It was shown that when the currency weakens, the remittance receipts decline, and this undermines their usefulness as a shock absorber. Conversely, remittances increase in response to oil price shocks. Other useful conclusions can be drawn by this study.	en_US
dc.language.iso	en	en_US
dc.publisher	International Monetary Fund, Washington	en_US
dc.relation.uri	http://www.imf.org/external/pubs/ft/wp/2007/wp0722.pdf
dc.subject	Workers' remittances	en_US
dc.subject	Cyclicality	en_US
dc.subject	Macroeconomic Shock	en_US
dc.subject	Vector Error	en_US
dc.subject	Correction Model	en_US
dc.subject	International migration	en_US
dc.subject	Sri Lanka	en_US
dc.title	Are Workers' Remittances a Hedge Against Macroeconomic Shocks? The Case of Sri Lanka	en_US
dc.type	Working Paper	en_US
dc.identifier.shortcitation	International Monetary Fund, Washington, 2007	en_US