2018
DOI: 10.18488/journal.aefr.2018.810.1226.1238
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Remittances and Real Exchange Rates in South Asia: The Case of Nepal

Abstract: The significance of remittances in Nepal's economy warrants investigating their impact on its currency's exchange rate and other economic indicators. No academic research has documented this phenomenon in the case of Nepal. This paper attempts to bridge this literature gap by investigating the impact of economic variables including remittances on the foreign exchange rate of the Nepalese rupee. Autoregressive distributed lag (ARDL) of Pesaran et al. (2001) and Augmented-Dickey-Fuller (ADF) unit root tests are … Show more

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Cited by 9 publications
(7 citation statements)
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“…Sustainability is diverse and generally across multiple fields (O. Omar, 2010;Kamaruddin & Samsudin, 2014;Kamyab, 2014;Adewale, 2016;Ametorwo, 2016;Obi & Okekeokosisi, 2018;Essayyad, Palamuleni & Satyal, 2018;Gunawardana, Tantrigoda & Kumara, 2018 ;Bachev, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…Sustainability is diverse and generally across multiple fields (O. Omar, 2010;Kamaruddin & Samsudin, 2014;Kamyab, 2014;Adewale, 2016;Ametorwo, 2016;Obi & Okekeokosisi, 2018;Essayyad, Palamuleni & Satyal, 2018;Gunawardana, Tantrigoda & Kumara, 2018 ;Bachev, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…Two strands of economic literature link exchange rates and remittances. The first channel is dependent on how remittances affect exchange rates; remittances give rise to exchange rate hypotheses (Essayyad et al, 2018;Dutta and Sengupta, 2018). How is the universally acknowledged fact that a rise in remittances causes a better balance of payments by significantly narrowing the deficit in the current account and then spurring GDP growth?…”
Section: Nexus Between Remittances and Exchange Ratesmentioning
confidence: 99%
“…The framework is centered on achieving competitive advantages and wealth creation with the aid of techniques for effectively managing resources and promoting innovation. Apart from strategic alliances with new investors and suppliers, pricing guidelines, and a variety of marketing channels, the success of any startup is primarily dependent on the team members' abilities and higher levels of creativity (Obi and Okekeokosisi, 2018;Essayyad, Palamuleni & Satyal, 2018;and Gunawardana, Tantrigoda & Kumara, 2018). As a result, the launch and success of startups also depend on a strategic approach to realizing the suitable strategies for the startup success is intended despite the goals of entrepreneurs.…”
Section: Literature Reviewmentioning
confidence: 99%