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Do remittances respond to revolutions? The Evidence from Tunisia

2017; Elsevier BV; Volume: 42; Linguagem: Inglês

10.1016/j.ribaf.2017.04.044

1878-3384

Johanna Edelbloude, Charlotte Fontan Sers, Farid Makhlouf,

Diaspora, migration, transnational identity

Remittances are an important financial flow to developing countries. The objective of this paper is to empirically investigate the reaction of Tunisian migrants through their remittances to Arab Spring in Tunisia. From monthly data acquired using times-series techniques for remittances from January 2000 to December 2016, we find reasonably strong evidence that remittances associated with Arab Spring increased. Remittances can play a positive role in absorbing economic shocks resulting from political revolution in home countries. These governments could benefit from migrants to boost their countries' development.