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-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/10012392596
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 …
Persistent link: https://www.econbiz.de/10012302051
Persistent link: https://www.econbiz.de/10012487207
quantify how changes in aggregate demand due to additional income from household's remittances propagates through the network … linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the … effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially …
Persistent link: https://www.econbiz.de/10012103572
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 countries …
Persistent link: https://www.econbiz.de/10011281924
Persistent link: https://www.econbiz.de/10010441747
transmitting remittances and reduces dollarization. Given the size and importance of remittances in Tajikistan, improving financial … transferring remittances and reduce reliance on foreign exchange for transaction purposes. This is likely to improve bank …
Persistent link: https://www.econbiz.de/10011704658
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 …
Persistent link: https://www.econbiz.de/10011704920
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 …
Persistent link: https://www.econbiz.de/10011705313
Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs). The macroeconomic impact has so far been limited, in part because banks either have multiple relationships or have been successful in replacing lost CBRs. However, the cost of services has increased...
Persistent link: https://www.econbiz.de/10011743070