This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing … indicate a stronger marginal impact of remittances in a context of high macroeconomic instability, suggesting a significant … effect of remittances on the likelihood of the private sector’s credit default during shocks. These results hold even after …

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 …

Remittances to India have been growing rapidly since 1991, making it one of the largest recipients of remittances. This … paper analyzes the determinants of remittances to India and finds that their growth over time can be explained by the … increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source …

receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA … swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …

This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … consumption volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these … countries. An investigation of the theoretical channels shows that the stabilization impact of remittances essentially hinges on …

This Selected Issues paper on Mexico presents econometric investigation of the cyclical determinants of remittances to … Mexico. The aggregate U.S. business cycle is not necessarily relevant for remittances. Remittances to Mexico do show a ….S. construction sector seem to be especially important as well as remittances for certain regions of Mexico with high rates of …