increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source …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 …

We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …

The role of remittances in development and economic growth is not well understood. This is partly because the … literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for … remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic …

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … Jamaica or El Salvador – are also better off due to migration, but for a different reason: remittances. The quantitative … inherently multi-country nature of both migration and other forms of integration, such as international trade and remittance …

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance … Middle East, North Africa, and Central Asia, three types of results emerge. First, remittances appear to be strongly … procyclical vis-à-vis sending country income. Second, remittances tend to be spent on consumption of both imported and …

Remittances are a major source of external finance for many developing countries but the cost of sending remittances … remains high for many migration corridors. International efforts to lower costs by facilitating the entry of new financial … remittance products but does not change either the frequency or level of remittances. …

Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a purchase of self insurance motive to remit, we also provide evidence of more remittances sent by risk averse …

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 …