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wealthy households. These results suggest that repeat migration and remittances may be mechanisms for wealth accumulation in … importance of repeat migration trips, which, given sustained remittances, may amplify the wealth gap between migrants and …To evaluate the distributional impact of remittances in origin communities, prior research studied how migrants …
Persistent link: https://www.econbiz.de/10010844953
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 …
Persistent link: https://www.econbiz.de/10005826481
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 …
Persistent link: https://www.econbiz.de/10008528636
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 …
Persistent link: https://www.econbiz.de/10005599738
function of households’ prior migration and remittance behavior with ordinary least squares, matching, and instrumental …. Regardless of wealth status, households do not gain or lose consumer assets with migration or remittances. These results suggest … an equalizing effect of migration and remittances on wealth distribution in rural Thailand. Copyright Population …
Persistent link: https://www.econbiz.de/10010793932
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 …
Persistent link: https://www.econbiz.de/10011142083
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 …
Persistent link: https://www.econbiz.de/10011142165
Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual...
Persistent link: https://www.econbiz.de/10005248137
Against the background of Mexico's persistently high degree of inequality, this paper analyzes the country's experience with pro-poor policies over the last decade. A number of important government initiatives, implemented since the mid-1990s, have aimed at improving distributional equity...
Persistent link: https://www.econbiz.de/10005248152
In Italy, health care budget ceilings are not effective. The poor control by the central government results in excessive use of expensive inputs, in long waiting lines for medical procedures, and in the emergence of large arrears to suppliers and commercial banks. To fully gain the benefits of...
Persistent link: https://www.econbiz.de/10005263732