Publicação
Remittances and business cycles: evidence from Portugal
| Resumo: | Remittances play a central role in the study of the socio-economic effects of migration flows. A substantial amount of literature in this field has investigated the determinants of remittances and their impact in the long run. However, the cyclical properties of remittances are not yet well defined. We study this question for Portugal over the period from 1996 to 2015, to discover whether remittances received in Portugal are countercyclical or procyclical with Portuguese, French and Swiss outputs (France and Switzerland being the two main host remitting countries). Using bilateral correlations and econometric model regression approaches, we examine the ability of remittances to smooth macroeconomic shocks, and we compare their role with that of other external financial sources. Specifically, we try to understand whether the recent sovereign debt crisis, which had extensive negative economic and social consequences particularly in southern European countries, has changed the cyclicality of Portuguese remittance inflows. The empirical results suggest a positive answer. |
|---|---|
| Autores principais: | Correia, Leonida |
| Outros Autores: | Martins, Patrícia |
| Assunto: | migration remittances cyclicality sovereign debt crisis Portugal |
| Ano: | 2017 |
| País: | Portugal |
| Tipo de documento: | documento de conferência |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Trás-os-Montes e Alto Douro |
| Idioma: | inglês |
| Origem: | Repositório da UTAD |
| _version_ | 1867933699890216960 |
|---|---|
| author | Correia, Leonida |
| author2 | Martins, Patrícia |
| author2_role | author |
| author_facet | Correia, Leonida Martins, Patrícia |
| author_role | author |
| contributor_name_str_mv | Repositório Institucional da UTAD |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Correia, Leonida\",\"Person.identifier.orcid\":\"0000-0002-2762-6965\"},{\"Person.name\":\"Martins, Patrícia\",\"Person.identifier.orcid\":\"0000-0002-4493-963X\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Repositório Institucional da UTAD |
| datacite.creators.creator.creatorName.fl_str_mv | Correia, Leonida Martins, Patrícia |
| datacite.date.Accepted.fl_str_mv | 2017-04-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2020-10-09T10:45:15Z |
| datacite.date.embargoed.fl_str_mv | 2020-10-09T10:45:15Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | migration remittances cyclicality sovereign debt crisis Portugal |
| datacite.titles.title.fl_str_mv | Remittances and business cycles: evidence from Portugal Euro-Mediterranean Migration Congress |
| dc.contributor.none.fl_str_mv | Repositório Institucional da UTAD |
| dc.creator.none.fl_str_mv | Correia, Leonida Martins, Patrícia |
| dc.date.Accepted.fl_str_mv | 2017-04-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2020-10-09T10:45:15Z |
| dc.date.embargoed.fl_str_mv | 2020-10-09T10:45:15Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10348/10097 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | migration remittances cyclicality sovereign debt crisis Portugal |
| dc.title.fl_str_mv | Remittances and business cycles: evidence from Portugal Euro-Mediterranean Migration Congress |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_c94f |
| description | Remittances play a central role in the study of the socio-economic effects of migration flows. A substantial amount of literature in this field has investigated the determinants of remittances and their impact in the long run. However, the cyclical properties of remittances are not yet well defined. We study this question for Portugal over the period from 1996 to 2015, to discover whether remittances received in Portugal are countercyclical or procyclical with Portuguese, French and Swiss outputs (France and Switzerland being the two main host remitting countries). Using bilateral correlations and econometric model regression approaches, we examine the ability of remittances to smooth macroeconomic shocks, and we compare their role with that of other external financial sources. Specifically, we try to understand whether the recent sovereign debt crisis, which had extensive negative economic and social consequences particularly in southern European countries, has changed the cyclicality of Portuguese remittance inflows. The empirical results suggest a positive answer. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | conferenceObject |
| fulltext.url.fl_str_mv | https://repositorio.utad.pt/bitstreams/b31395e8-9664-4b67-9738-7db4940d4943/download |
| id | utad_20cfb2db8ebc8a2117e5503ce86185b3 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10348/10097 |
| instacron_str | utad |
| institution | Universidade de Trás-os-Montes e Alto Douro |
| instname_str | Universidade de Trás-os-Montes e Alto Douro |
| language | eng |
| network_acronym_str | utad |
| network_name_str | Repositório da UTAD |
| oai_identifier_str | oai:repositorio.utad.pt:10348/10097 |
| organization_str_mv | urn:organizationAcronym:utad |
| person_str_mv | Correia, Leonida Correia, Leonida https://www.ciencia-id.pt/1313-84F7-1615 1313-84F7-1615 http://orcid.org/0000-0002-2762-6965 0000-0002-2762-6965 Martins, Patrícia Martins, Patrícia https://www.ciencia-id.pt/AF11-EAA7-FB2D AF11-EAA7-FB2D http://orcid.org/0000-0002-4493-963X 0000-0002-4493-963X |
| publishDate | 2017 |
| reponame_str | Repositório da UTAD |
| repository_id_str | urn:repositoryAcronym:utad |
| service_str_mv | urn:repositoryAcronym:utad |
| spelling | engpt_PTRemittances play a central role in the study of the socio-economic effects of migration flows. A substantial amount of literature in this field has investigated the determinants of remittances and their impact in the long run. However, the cyclical properties of remittances are not yet well defined. We study this question for Portugal over the period from 1996 to 2015, to discover whether remittances received in Portugal are countercyclical or procyclical with Portuguese, French and Swiss outputs (France and Switzerland being the two main host remitting countries). Using bilateral correlations and econometric model regression approaches, we examine the ability of remittances to smooth macroeconomic shocks, and we compare their role with that of other external financial sources. Specifically, we try to understand whether the recent sovereign debt crisis, which had extensive negative economic and social consequences particularly in southern European countries, has changed the cyclicality of Portuguese remittance inflows. The empirical results suggest a positive answer.application/pdfpt_PTRemittances and business cycles: evidence from PortugalAlternativeTitlept_PTEuro-Mediterranean Migration CongressPersonalCorreia, LeonidaDSpacehttp://dspace.org/items/9b8fbad0-d3d9-4e71-8bae-fefaf650b83cDSpacehttp://dspace.org/items/9b8fbad0-d3d9-4e71-8bae-fefaf650b83cLeonida Amaral TomásCorreiaUTAD-DESGScopus Author IDhttps://www.scopus.com23988392100Ciência IDhttps://www.ciencia-id.pt1313-84F7-1615ORCIDhttp://orcid.org0000-0002-2762-6965PersonalMartins, PatríciaDSpacehttp://dspace.org/items/3c735bf9-8097-4147-81ba-1a7f2a5771abDSpacehttp://dspace.org/items/3c735bf9-8097-4147-81ba-1a7f2a5771abPatrícia Sofia FigueiredoMartinsUTAD-DESGScopus Author IDhttps://www.scopus.com57117253500Ciência IDhttps://www.ciencia-id.ptAF11-EAA7-FB2DORCIDhttp://orcid.org0000-0002-4493-963XHostingInstitutionOrganizationalRepositório Institucional da UTADe-mailmailto:jborges@utad.ptjborges@utad.pt2020-10-09T10:45:15Z2017-042017-04-01T00:00:00ZHandlehttp://hdl.handle.net/10348/10097http://purl.org/coar/access_right/c_abf2open accessmigrationremittancescyclicalitysovereign debt crisisPortugal2462985 bytesother research producthttp://purl.org/coar/resource_type/c_c94fconference objecthttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.utad.pt/bitstreams/b31395e8-9664-4b67-9738-7db4940d4943/download |
| spellingShingle | Remittances and business cycles: evidence from Portugal Correia, Leonida migration remittances cyclicality sovereign debt crisis Portugal |
| status | SINGLETON |
| subject.fl_str_mv | migration remittances cyclicality sovereign debt crisis Portugal |
| title | Remittances and business cycles: evidence from Portugal |
| title_full | Remittances and business cycles: evidence from Portugal |
| title_fullStr | Remittances and business cycles: evidence from Portugal |
| title_full_unstemmed | Remittances and business cycles: evidence from Portugal |
| title_short | Remittances and business cycles: evidence from Portugal |
| title_sort | Remittances and business cycles: evidence from Portugal |
| topic | migration remittances cyclicality sovereign debt crisis Portugal |
| topic_facet | migration remittances cyclicality sovereign debt crisis Portugal |
| url | http://hdl.handle.net/10348/10097 |
| visible | 1 |