The decipher, theory or empirics: a review of remittance studies
by Gloria Clarissa O. Dzeha
African J. of Accounting, Auditing and Finance (AJAAF), Vol. 5, No. 2, 2016

Abstract: Review of literature suggest there exists ambivalence in theory and empirical findings as to the potential of remittance in enhancing financial markets and impacting economic growth. While some studies establish a causal relationship, others suggest remittances enhance financial market and impact economic growth both positively and negatively. The variability emanates from models employed and country specifics. Panel data dominates usage and ordinary least squares as well as generalised methods of moments is employed most.

Online publication date: Sun, 14-Aug-2016

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