Showing 1 - 10 of 447
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10013091296
-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability … and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks …
Persistent link: https://www.econbiz.de/10013252035
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants’ remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
Persistent link: https://www.econbiz.de/10013306770
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 …
Persistent link: https://www.econbiz.de/10014082955
To assess the resilience of India’s corporate sector against COVID-19-related shocks, we conducted a series of stress tests using firm-level corporate balance sheet data. The results reveal a differential impact across sectors, with the most severe impact on contact-intensive services,...
Persistent link: https://www.econbiz.de/10013298751
shock associated with the pandemic. We find spillover effects to be sizeable, making up a significant fraction of the …
Persistent link: https://www.econbiz.de/10013305634
We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and dynamic panel regression analysis we find significant...
Persistent link: https://www.econbiz.de/10013306756
With 250 million migrants globally, remittances are one of the major sources of income in many developing countries …. While there is abundant evidence that remittances facilitate consumption smoothing in receiving countries, the literature … the impact of remittances on the stability of household consumption, using both cross-country and household-level datasets …
Persistent link: https://www.econbiz.de/10012950376
Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating … percentage points, with migrants to Europe hardest hit while migrants within Africa relatively unaffected by the crisis. The …
Persistent link: https://www.econbiz.de/10013133905
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … that remittances - as a share of GDP - have a significant smoothing impact on output volatility but their impact on … consumption volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these …
Persistent link: https://www.econbiz.de/10013024443