Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural … disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase … after the 1998 flood. Ethiopian households that receive international remittances seem to rely more on cash reserves and …

What causes developing countries to receive different levels of international remittances? This paper addresses this … examine the determinants of remittances. The paper finds that the skill composition of migrants does matter in remittance … determination. Countries which export a larger share of high-skilled (educated) migrants receive less per capita remittances than …

This paper examines the economic impact of international remittances on countries and households in the developing … world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set … United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a …

Workers' remittances to developing countries have become the second largest type of flows after foreign direct … remittances on financial sector development. In particular, they examine whether remittances contribute to increasing the … findings provide strong support for the notion that remittances promote financial development in developing countries. …

remittances, (2) cost of transferring and delivering remittances, (3) regulatory regime for remittance transactions, and (4 … instruments and financial institutions through which remittances take place is limited. Moreover, only a few countries measure … remittances that take place through informal channels. It also finds that the scope of financial authorities in developing …

international migrations by investigating whether the increasingly large flows of workers' remittances can help reduce the … probability of current account reversals. The rationale for this stands in the great stability and low cyclicality of remittances … as compared with other private capital flows: these properties, combined with the fact that remittances are cheap inflows …

expensive than post-disaster financing, it should mainly cover immediate needs, while long-term expenditures should be financed … through post-disaster financing (including ex post borrowing and tax increases). In other words, sovereign insurance should …

-post resources (such as post-disaster aid), is identified. It determines the losses to be financed by ex ante financial instruments …

lives per year, avoid between 460 million and 2.7 billion Euros of disaster asset losses per year, and produce between 3 …

Recent estimates of the welfare cost of consumption volatility find that it is significant in developing nations, where … consumption volatility is of utmost relevance. Based on cross-country data for the period 1960-2005, the paper explains … consumption volatility using three sets of variables: one refers to the volatility of income and the persistence of income shocks …