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We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …
Persistent link: https://www.econbiz.de/10011314158
This working paper studies the effect of remittances from the United States on crime rates in Mexico. The topic is … examined using municipal-level data on the percent of household receiving remittances and homicides per 100,000 inhabitants …. Remittances are found to be associated with a decrease in homicide rates. Every 1 percent increase in the number of households …
Persistent link: https://www.econbiz.de/10011314153
This paper examines a much overlooked link between credit markets and formalization: since access to bank credit typically requires compliance with tax and employment legislation, firms are more likely to incur such formalization costs once bank credit is more widely available at lower cost. The...
Persistent link: https://www.econbiz.de/10010328262
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 …
Persistent link: https://www.econbiz.de/10014518256
. Surprisingly, we found that the differences in income by education level declined in most cases. Remittances had a modest effect …
Persistent link: https://www.econbiz.de/10014518312
migration, as well as on local labor market outcomes. I leverage the introduction of FUNDEF, a large federal program that …
Persistent link: https://www.econbiz.de/10014563983
How are natives attitudes towards migrants shaped by economic crises? Natives could show more compassion towards migrants as everyone faces a common threat. Alternatively, natives prejudice could rise as competition for scarce economic opportunities increases. We conduct an online survey to...
Persistent link: https://www.econbiz.de/10012604893
temperatures have negatively affected agricultural production and increased international migration from El Salvador. We find that …
Persistent link: https://www.econbiz.de/10014518131
Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups previously excluded from formal financial services, but they often charge interest rates that many claim are excessive. We examine microfinance interest rates and their...
Persistent link: https://www.econbiz.de/10011314063
Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups previously excluded from formal financial services, but they often charge interest rates that many claim are excessive. We examine microfinance interest rates and their...
Persistent link: https://www.econbiz.de/10011314064