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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
remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and … (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i …) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate …
Persistent link: https://www.econbiz.de/10012252729
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We present cross-country evidence on the impact of remittances on labor market outcomes. Remittances appear to have a … in size than those of foreign direct investment or offcial development aid. On the supply side, remittances reduce labor … significantly different sensitivities to remittances. On the demand side, remittances reduce overall unemployment but benefit mostly …
Persistent link: https://www.econbiz.de/10011852562
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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 …
Persistent link: https://www.econbiz.de/10014400536
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …
Persistent link: https://www.econbiz.de/10014402461
Over the past decades, workers'' remittances have grown to become one of the largest sources of financial flows to … undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …
Persistent link: https://www.econbiz.de/10014402474
effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …
Persistent link: https://www.econbiz.de/10014402504