Impact of Macroeconomic Shocks on Remittance Inflows to Bangladesh
The increasing flow of remittances to Bangladesh plays a significant role in balance of payments of the country. The study investigates the dynamic long run and short run impact of macroeconomic shocks on remittance inflows to Bangladesh. The empirical analysis uses Cointegration Technique and estimates Vector Error Correction Model (VECM) for the period 1976 to 2011. The study also estimates the
