Date of Award


Degree Name

Master of Science



First Advisor

Gilbert, Scott


This paper examines the relationship between inflation and remittances as variable of interest and real interest rate & exchange rate as control variables. The main question this paper addresses is whether remittances induce inflationary pressures. This research uses pooled OLS, fixed effect method, random effect method and Arellano Bond GMM estimator for empirical analysis over 2008-2021 data of 7 emerging economies in South Asia. Comparing the methods and interpreting the result, I can say that there are mixed (positive, negative, and no significant) results whether remittances are inflationary.




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