Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries …' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that …

-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study … analysis suggests that measures of openness and spillovers could be enhanced by accounting for the role of the remittances …

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are … as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic …

, the role of remittances in the economy, and the policy response to rapid credit growth. It also analyzes the official … payments. It also provides a framework for analyzing the budgetary impact of remittances in Albania, and examines the …

This Selected Issues paper analyzes the surprising strength of remittances in Bangladesh and other countries in South … Asia and the Philippines in 2009. The empirical analysis suggests that the continued strong growth of remittances in these … of migrant workers from South Asia during 2006–08. The remittances-to-GDP ratio in South Asia and the Philippines are …

The flow of workers' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of … conclusions are: (i) the growth in the inflow of workers' remittances to Pakistan is in large part due to an increase in worker … migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …