By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light … on the important hypothesis of smoothing. The smoothing hypothesis is that remittances are countercyclical with respect … affirmation of smoothing is important for two reasons. First, it suggests that remittances should be placed on the list of …

-country savings does not affect remittances sent home by migrants …

remittances by workers deployed overseas. The main benefit of the phenomenon is an easing of the fiscal burden arising from the …

population education; better-educated migrants; and increased migration in high-skilled jobs. Four-fifths of long-run income … origin areas. Increased income from international labor migration not only benefits migrants themselves, but also fosters …

peso leads to increases in household remittances received from overseas. The estimated elasticity of Philippine …-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to enhanced human …

This study estimates determinants of remittances to the Philippines. Remittance growth responds to real growth in the … employment policies. While most studies conclude that remittances are exclusively either driven by altruistic or self …-interested motives, the evidence in this study supports remittances driven by both. The dual nature of remittances means that remittances …

flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

aggregate durables consumption are derived by explicit aggregation. In particular, it is shown that expenditures on durables …