Abstract
Workers remittances are funds that are sent to a domestic country by non-residents for the maintenance of children and other residents. They have become crucial to Barbados' foreign exchange outturn especially since its export sectors have come under pressure with the onset of trade liberalization. This paper uses an error correction model to identify long and short run determinants of workers remittances into Barbados. The results show that in the long run, remittances are influenced by real foreign and local income, the real exchange rate and the unemployment rate while in the short run, remittances are impacted upon by real foreign income and the unemployment rate.
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