The determinants of overseas Filipino workers' remittances: a comparison between macroeconomic and non-macroeconomic factors

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dc.contributor.authorBondoc, Mariel Angelica M.
dc.contributor.authorOvejera, Kim M.
dc.date.accessioned2025-01-23T05:17:39Z
dc.date.available2025-01-23T05:17:39Z
dc.date.issued2008-03
dc.description.abstractThis paper investigates the different determinants of Overseas Filipino Workers' remittances. An existing model utilized in Latin American countries is employed to test the relevance of macroeconomic variables to remittances. Results show that remittances can only be partly explained by macroeconomic flows. This paper then discusses the seasonality and consumption behavior of recipient families as alternative explanation of the remittance behavior. Price indices of different commodities are utilized to capture consumption patterns of recipient households. Dummy variables for each quarter are used to ascertain seasonality of remittances. Results show that consumption patterns for some commodities correlate with remittances. Furthermore, results verify the seasonal trend of remittances.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/4212
dc.language.isoen
dc.subjectOFW
dc.subjectFilipino workers
dc.subjectOverseas Filipino workers
dc.subjectRemittances
dc.subjectOFW remittances
dc.titleThe determinants of overseas Filipino workers' remittances: a comparison between macroeconomic and non-macroeconomic factors
dc.typeThesis

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