-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 …

paper, the size and the sources of remittances to Armenia are first discussed. Then, the appropriate definition of … remittances and subsequently present estimates of the macroeconomic effects of remittances to Armenia are outlined. Remittances …

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 …

have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and … how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could … remittances may dampen donors' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if …

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan … economy. In addition to remittances, travel credits also play an important role in the economy. Official transfers are also … significant, and should remain an important source of balance-of-payments support over the medium term. Remittances are relatively …

potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their …. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in …

The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By … including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is … problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with …