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The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?

Authors: OKWU Andy , Isiaq Olasunkanmi Oseni

Publication Type: Journal article

Journal: South-eastern Europe Journal Of Economics

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Abstract

We estimated the effect of the GFC on remittances into 8 SSA countries from 1999 to
2019 using the Fixed Effects (FE) model. Results showed that the GFC had a positive
and significant effect on remittances. Per capita income of migrant home country
exerted a negative but insignificant effect on remittances, while per capita income
in remittance source country had a positive and significant effect; the effects of
exchange rate and inflation on remittances were positive and negative, respectively,
but insignificant. Findings showed the effect of the GFC on remittances is robust
to remittance measures and large country sample size.

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OKWU,A. Isiaq,O.O . (2020). The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?, 18 (), 217-217.

OKWU,A. Isiaq,O.O . "The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?" 18, no (), (2020): 217-217.

OKWU,A. and Isiaq,O.O and . (2020). The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?, 18 (), pp217-217.

OKWUA, IsiaqOO, . The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?. 2020, 18 ():217-217.

OKWU,Andy , and Isiaq,Olasunkanmi Oseni . "The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?", 18 . (2020) : 217-217.

O.Andy & I.Olasunkanmi Oseni , "The Global Financial Crisis (GFC) and Remittances Received in Africa: Any Lesson for COVID-19?" vol.18, no., pp. 217-217, 2020.

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