Munich Personal RePEc Archive

PENGARUH ALIRAN MASUK DEVISA TENAGA KERJA (WORKERS’ REMITTANCES) TERHADAP NILAI TUKAR RUPIAH

Nizar, Muhammad Afdi (2014): PENGARUH ALIRAN MASUK DEVISA TENAGA KERJA (WORKERS’ REMITTANCES) TERHADAP NILAI TUKAR RUPIAH. Published in: Jurnal Pembangunan Manusia , Vol. 8, No. 1 (April 2014)

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Abstract

This study aims to determine the impact of workers’ remittances to the real exchange rates of rupiah during 2004 - 2013. Based on quarterly time series data and using VAR model, the results of this study suggested several conclusions : (i) the growth of remittance inflows have a positive impact on real exchange rates of rupiah. That is, the increase in remittance inflows cause the real exchange rate of the rupiah has strengthened (appreciated) in a fairly long period, i.e, up to 5 quarter, and (ii) the appreciation of the real exchange rates of rupiah just increased remittance inflows in the short term, which is about one quarter.

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