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)

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.

• Item Type: MPRA Paper
• English Title: The Effect of Workers’ Remittances on Exchange Rates of Rupiah
• Language: Indonesian
• Keywords: external balance, balance of payments, current accounts, exchange rates,workers’ remittances.
• Subjects: F - International Economics > F2 - International Factor Movements and International Business > F24 - Remittances; F - International Economics > F3 - International Finance > F31 - Foreign Exchange

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