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 …

Remittances constitute a significant safety net for millions of households in Latin America and the Caribbean (LAC … of remittances. The recovery of remittances was accompanied by a modest and temporary increase in the interest in digital …