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flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …
Persistent link: https://www.econbiz.de/10013056595
Persistent link: https://www.econbiz.de/10011629347
Persistent link: https://www.econbiz.de/10012487207
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the … period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these …
Persistent link: https://www.econbiz.de/10012251374
We present cross-country evidence on the impact of remittances on labor market outcomes. Remittances appear to have a … in size than those of foreign direct investment or offcial development aid. On the supply side, remittances reduce labor … significantly different sensitivities to remittances. On the demand side, remittances reduce overall unemployment but benefit mostly …
Persistent link: https://www.econbiz.de/10011852562
This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient … remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel …
Persistent link: https://www.econbiz.de/10014402929
There has been little systematic empirical study on the relationship between remittances and growth. This paper … attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large … sample of developing countries, we relate the interaction between remittances and financial development and its impact on …
Persistent link: https://www.econbiz.de/10014401504
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 …
Persistent link: https://www.econbiz.de/10014401823
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012911691
In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...
Persistent link: https://www.econbiz.de/10013249690