undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical …Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …

effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …

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 …

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …

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 … receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA …

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 …

estimates a gravity model for workers' remittances. We find that most of the variation in bilateral remittance flows can be … commonly believed. Most strikingly, remittances do not seem to increase in the wake of a natural disaster and appear aligned … with the business cycle in the home country, suggesting that remittances may not play a major role in limiting …