EGARCH Regression: Highlighting the impact of remittances on the Philippine macroeconomy and households during COVID-19

By |June 20th, 2022|Expertise, Migration and Overseas Filipino Work, News, Social Economics|

Remittances are funds transferred by migrants to their home country or private savings of overseas foreign workers (OFWs) spent within their home country. Many developing nations, including the Philippines rely on remittances as a source of funds that form part of the country’s overall domestic production or Gross Domestic Product (GDP). Generally, OFWs send more ... continue reading