Showing 1 - 10 of 194
countries. We analyze a novel bank-level data set from Nepal, where a steady inflow of remittances has contributed to foreign …
Persistent link: https://www.econbiz.de/10010428816
Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many … developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10003976556
welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …
Persistent link: https://www.econbiz.de/10011300358
Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances … developing countries. We examine the role of remittances in the trade balance of 11 labor-abundant MENA countries. Our panel … regression analysis shows that the inflow of remittances has had an increasing effect on trade deficits by triggering import …
Persistent link: https://www.econbiz.de/10011557898
Empirical evidence that migrants send home more remittances after disasters raises the question of whether remittances … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … insurance. -- remittances ; insurance ; risk management strategies …
Persistent link: https://www.econbiz.de/10003983213
households to examine the joint effect of migration and remittances on economic development. We apply the model to internal … migration in China. Counterfactual analysis of the calibrated model shows that the presence of remittances increases migration …
Persistent link: https://www.econbiz.de/10014334396
robustly established that remittances and trust matter for financial development. …
Persistent link: https://www.econbiz.de/10012229266
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011615740
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and economic growth in the Least Developed Countries (LDCs)...
Persistent link: https://www.econbiz.de/10014427512
This paper explores whether foreign aid is self-interested, exploiting the timing and size of major mineral discoveries. We first analyze the effect a resource discovery in a two-by-two donor-recipient model with conflict about natural resources, using a contest success function. We then...
Persistent link: https://www.econbiz.de/10015081347