Kim, Kijin; Ardaniel, Zemma; Kikkawa, Aiko; Endriga, … - 2022
This paper examines the countercyclicality of remittance inflows to the countries in Asia and the Pacific. It also aims … Southeast Asia, including many remittance-dependent countries, show stronger countercyclicality than other subregions. The … altruistic motivation to remit prevails in the region. We also find that the countercyclicality of remittances rises when …