remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor … resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration … consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without …

This paper adds international migration and remittances into the IMF's Flexible System of Global Models (FSGM). FSGM is … dynamics of major remitter regions is proposed. The dynamics of remittances and migration in FSGM are calibrated to be …

This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization … remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand …

crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that …The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less … clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the …

In contrast to expectations, remittances to Central America and the Caribbean (CAC) surprised positively during 2020 … and 2021. This study revisits the key macro indicators driving remittances, looks at the heterogeneous impacts of the … global financial crisis (GFC) and COVID shocks, then uses micro data from the U.S. Current Population Census to examine …

remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances … since June 2020, including the significant increase in the average amount remitted. Using data from over 300 remittances … modes of transmission of remittances, additional U.S. fiscal stimulus and U.S. labor market developments, especially in the …

capital, but it also creates a flow of remittances and increases international connections in the form of trade, FDI, and …

In emerging Asia, banks constitute the dominant source of financing consumption and investment, and bank balance sheets …

There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its … interest on the drivers of remittance costs. This paper delved deeply into the remittances ecosystem and found a very complex …