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 …

This paper addresses the complex and overlooked relationship between the receipt of workers' remittances and …, even after controlling for potential reverse causality. We find that a higher ratio of remittances to GDP is associated …