migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …

This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region … out-migration in SSA. …

microeconomic literature: remittances improve households' welfare by lifting families out of poverty and insuring them against …

Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating … percentage points, with migrants to Europe hardest hit while migrants within Africa relatively unaffected by the crisis. The …

Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The …

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare …-crisis level, postponing debt stabilization for two decades would entail a permanent output loss of about 17 percent and a welfare … loss of almost 7 percent of lifetime consumption. Moreover, the long-run welfare gains from the adjustment would more than …

welfare within an overlapping generations model. More precise information about idiosyncratic production shocks has ambiguous … effects on technological progress and welfare, which depend critically on the risk sharing capacity of the economy's financial … allocation and creates a negative uncertainty-related welfare effect, at the same time as it accelerates technological progress …