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Macroeconomic Determinants of Remittances; Evidence From India
Gupta, Poonam - International Monetary Fund (IMF) - 2005
increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source …
Persistent link: https://www.econbiz.de/10005826481
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Remittances; An Automatic Output Stabilizer?
Hakura, Dalia; Chami, Ralph; Montiel, Peter - International Monetary Fund (IMF) - 2009
Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and emerging markets will have a destabilizing effect on these economies. The paper estimates the impact...
Persistent link: https://www.econbiz.de/10004999978
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Optimal Prudential Regulation of Banks and the Political Economy of Supervision
Tressel, Thierry; Verdier, Thierry - International Monetary Fund (IMF) - 2014
We consider a moral hazard economy in banks and production to study how incentives for risk taking are affected by the quality of supervision. We show that low interest rates may generate excessive risk taking. Because of a pecuniary externality, the market equilibrium may not be optimal and...
Persistent link: https://www.econbiz.de/10010790384
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Emigration and Brain Drain; Evidence From the Caribbean
Mishra, Prachi - International Monetary Fund (IMF) - 2006
This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …
Persistent link: https://www.econbiz.de/10005248304
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Do the Gulf Oil-Producing Countries Influence Regional Growth? T+L3886he Impact of Financial and Remittance Flows
Ilahi, Nadeem; Shendy, Riham - International Monetary Fund (IMF) - 2008
This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in...
Persistent link: https://www.econbiz.de/10005263780
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Business Cycles and Workers' Remittances; How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?
Sayan, Serdar - International Monetary Fund (IMF) - 2006
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and...
Persistent link: https://www.econbiz.de/10005263962
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Regional Convergence and the Role of Federal Transfers in Canada
Swagel, Phillip; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2003
significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have …
Persistent link: https://www.econbiz.de/10005264150
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A Model of Multiple Equilibria in Geographic Labor Mobility
Ubeda, Luis; Spilimbergo, Antonio - International Monetary Fund (IMF) - 2002
migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different …
Persistent link: https://www.econbiz.de/10005264165
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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?
International Monetary Fund (IMF); International … - 2012
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/10009654140
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Remittances in Pakistan; Why have they gone up, and why Aren't they coming down?
Sun, Yan; Kock, Udo - International Monetary Fund (IMF) - 2011
migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …
Persistent link: https://www.econbiz.de/10009293774