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Austrian Journal of Humanities and Social Sciences, Issue 9-10/2015

The impact of remittances outflows on the economy of Poland

DOI: https://doi.org/10.29013/AJH-15-9.10-123-125

Pages: 123 - 125

Authors: Lastovetska R. O.

Abstract: The impact of remittances outflows on the economy of Poland is analyzed in the article. Based on historical data the vector autoregression model (VAR) was built to examine the effects of the sharp rise in the volume of remittances outflows. The model results are presented for the next macroeconomic indicators: GDP, inflation, interest rate and exchange rate.

Keywords: migration, remittances, vector autoregression model (VAR), gross domestic product, inflation, interest rates, real effective exchange rate.

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