This article uses a time varying parameter model (TVP) to examine the macroeconomic determinants of cash remittances to Jamaica over the period January 1983 to April 2001. We anticipated a positive relationship between changes in remittances and foreign income. We find an investment component in...

This article examines the macroeconomic factors influencing the flow of remittances to selected English-speaking Caribbean countries. A balanced two way fixed effects (FE) model, a random effects (RE) model and the adjusted fully modified ordinary least squares (FMOLS) model (designed to correct...