Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51603
Authors: 
Tansel, Aysit
Yasar, Pinar
Year of Publication: 
2010
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5376
Abstract: 
This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on consumption, imports and income are all positive and reduce gradually while that on investment wears out in the second year. The impact multiplier for income implies a substantial increase in income due to remittances through the multiplier process. The remittances-induced output growth rate is highest during the early 1970s and the early 1980s, but negligible during the other years.
Subjects: 
remittances
dynamic model
remittances-induced output growth
JEL: 
F22
F21
C52
Document Type: 
Working Paper

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