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A link between workers' remittances and business cycles in Germany and Turkey


Akkoyunlu, Sule; Kholodilin, Konstantin A (2008). A link between workers' remittances and business cycles in Germany and Turkey. Emerging Markets Finance and Trade, 44(5):23-40.

Abstract

This paper examines the cyclical interactions between the remittances of Turkish workers in Germany and output in both Turkey and Germany. Our analysis introduces a new data set covering 1962 to 2004, never used before in the research literature and considered to be a more reliable source than the data sets used in other studies. By dividing the original sample into recruitment, family reunification, and naturalization periods, we show that the duration of migrants' stay in the host country affects the direction and strength of the relation between remittances and the host and home countries' business cycles.

Abstract

This paper examines the cyclical interactions between the remittances of Turkish workers in Germany and output in both Turkey and Germany. Our analysis introduces a new data set covering 1962 to 2004, never used before in the research literature and considered to be a more reliable source than the data sets used in other studies. By dividing the original sample into recruitment, family reunification, and naturalization periods, we show that the duration of migrants' stay in the host country affects the direction and strength of the relation between remittances and the host and home countries' business cycles.

Citations

5 citations in Web of Science®
8 citations in Scopus®
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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:2008
Deposited On:19 Feb 2009 07:23
Last Modified:05 Apr 2016 13:01
Publisher:M.E. Sharpe
ISSN:1540-496X
Publisher DOI:https://doi.org/10.2753/REE1540-496X440502

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