External demand raises Nepal's remittance-to-GDP ratio in the long run while tighter domestic monetary conditions lower it, with an error-correction model showing 26% annual adjustment toward equilibrium.
The determinants of remittances in latin america and the caribbean.Academy of Business Disciplines Journal, 2(1):86–101
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External Demand, Domestic Monetary Conditions, and Remittance Dynamics in Nepal
External demand raises Nepal's remittance-to-GDP ratio in the long run while tighter domestic monetary conditions lower it, with an error-correction model showing 26% annual adjustment toward equilibrium.