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 receving countries, the literature has … impact of remittances on the stability of household consumption, using both cross-country and household-level datasets. Our …

language, fit remittance flows well. Remittances also react to inflation and exchange rate movements in recipient countries to … sustain their purchasing power. In line with the altruism hypothesis, remittances flow to countries with higher age dependency … ratio. Remittances are countercyclical and help stabilize outputs in recipient countries. However, global shocks resulting …

By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light … on the important hypothesis of smoothing. The smoothing hypothesis is that remittances are countercyclical with respect … affirmation of smoothing is important for two reasons. First, it suggests that remittances should be placed on the list of …

-country savings does not affect remittances sent home by migrants …

population education; better-educated migrants; and increased migration in high-skilled jobs. Four-fifths of long-run income … origin areas. Increased income from international labor migration not only benefits migrants themselves, but also fosters …

peso leads to increases in household remittances received from overseas. The estimated elasticity of Philippine …-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to enhanced human …

flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

Between 1967 and 1974, a bilateral treaty increased circular labor migration from Malawi to South Africa by 200 …

Workers'' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries …'' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that …

International migration and large remittance flows have been prominent features of the Philippine economy for many … decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through … which remittances affect economic activity. The empirical evidence does not clearly support the purported short …