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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title A link between workers' remittances and business cycles in Germany and Turkey
Organization Unit
Authors
  • Sule Akkoyunlu
  • Konstantin A Kholodilin
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Emerging Markets Finance and Trade
Publisher M.E. Sharpe
Geographical Reach international
ISSN 1540-496X
Volume 44
Number 5
Page Range 23 - 40
Date 2008
Abstract Text 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.
Digital Object Identifier 10.2753/REE1540-496X440502
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Keywords General Economics, Econometrics and Finance, Finance