This paper investigates the causality between remittances and financial sector development in Sub-Saharan African (SSA … development, remittances positively influence financial development only in four countries (Niger, Senegal, Sierra Leone and Sudan …) and financial development positively impacts remittances only in Gambia. On the contrary, considering credit to measure …

This paper examines the factors affecting the amount of remittances by migrants to their home countries, in a context … of a family bargaining model. Spanish data does not show the same clear relationship between remittances and migrant … useful framework within which to study remittances, and bargaining power is a key element in determining the level of such …

remittances is contributing positively to the development of the financial system of the country. Our results suggest that … remittances have a significant positive effect on financial development. However, financial sector's development is neutral in its … effect on the inflow of remittances. …

A broad but brief survey of the literature on remittances and growth shows that indirect effects are only included via … interaction terms. Then, we regress data for migration, worker remittances, savings, investment, tax revenues, public expenditure …, remittances and other variables for a panel of countries with income below $1200. The estimated dynamic equations are integrated …

Many development economists believe that remittances by the migrant workers are an important source of funds for long … run growth. Therefore, recent studies have investigated the growth effects remittances in the recipient countries but … specifications and estimation methods. Our results show that the direct growth effects of remittances are insignificant. However …

Based on the economic theory of the family, this paper constructs a model of remittances where the migrant, besides …

This paper empirically examines how financial development influences the impact of remittances on GDP growth volatility … impact of remittances on GDP growth volatility is nonlinear and changes over time and across countries in function of … financial development. More precisely, a high level of financial development helps remittances to have a high stabilizing impact …

Greek economy towards increasing convergence rates with the U.S. economy after the implementation of the common monetary … policy and increasing convergence rates towards the peripheral countries of the E.M.U. Also, the Greek GDP fluctuations are …

This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …