This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient … remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel …

-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 …

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 …

-run growth. The paper explores an additional challenge, for monetary policy. Although they expand bank balance sheets, providing … a stable flow of interest-insensitive funding, remittances tend to increase banks' holdings of liquid assets. This both …