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This paper examines the volatility of remittance flows to Pakistan using the ARCH model. We find overall remittances to be stable, whereas those from the Middle East and North America are relatively volatile, owing to fluctuations in the output of the host economies and the migrants' profile....
Persistent link: https://www.econbiz.de/10008838389
Using household economic survey data for the years 2005-06 and 2007-08, we examine the economic, demographic and geographical characteristics of remittance receiving households in Pakistan. We find that altruism is the most likely motive behind the remittances sent back by Pakistanis living...
Persistent link: https://www.econbiz.de/10011278760
Migrant's remittances are a growing source of foreign funds for several developing countries including Pakistan. Despite a burgeoning body of literature and growing interest in migrants' remittances and its impact on recipient's economies, relatively little work exists on the business cycle...
Persistent link: https://www.econbiz.de/10011278775
We investigate the relationships between energy consumption and the outputs of the main economic sectors in Pakistan, where energy shortage is a major challenge faced by the economy. It is found that services and industrial output, which make up of fourth-fifth of Pakistan gross domestic...
Persistent link: https://www.econbiz.de/10011278864