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remittances to be used more effectively, and concerns about externalities from skilled workers being lost. As a result there is … offers support for a number of other policies, such as lowering the cost of remittances, reducing passport costs, offering …
Persistent link: https://www.econbiz.de/10010936529
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. …
Persistent link: https://www.econbiz.de/10005079966
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 …
Persistent link: https://www.econbiz.de/10005080140
Existing empirical evidence indicates that remittances have a positive impact on a good number of development … remittances on the real exchange rate. The findings suggest that remittances indeed appear to lead to a significant real exchange …
Persistent link: https://www.econbiz.de/10005080142
This paper investigates the impact of remittances on financial inclusion. This is an important issue given recent … data for El Salvador, the authors examine the impact of remittances on households'use of savings and credit instruments … from formal financial institutions. They find that although remittances have a positive impact on financial inclusion by …
Persistent link: https://www.econbiz.de/10009320165
That remittances are a stable source of external finance seems to have become the received wisdom. In addition, many … studies have found remittances to behave counter-cyclically, increasing during crises and times of hardship for the recipient … countries. Are remittances reliable macroeconomic stabilizers? To answer this question, the present study examines the stability …
Persistent link: https://www.econbiz.de/10008517660
Remittances are a sizeable source of external financing for developing countries. In the L’Aquila 2009 G8 Summit …, leaders pledged to reduce the cost of remittances by half in 5 years (from 10 to 5 percent). Yet, empirically, little is known … about what drives the cost of remittances. Using newly gathered data across 119 country corridors, this paper explores the …
Persistent link: https://www.econbiz.de/10008517666
large rise in remittances, and an increased flow of skilled migration. However, recent literature based on cross … migrants, rather than characteristics of their family situations, explains much of the higher remittances. …
Persistent link: https://www.econbiz.de/10008500921
Using a recently compiled dataset on migration and remittances in Ghana, this paper estimates the determinants of an …
Persistent link: https://www.econbiz.de/10008467255
The impacts of international emigration and remittances on incomes and poverty in sending areas are increasingly …, but they also find suggestive evidence that this effect may be short-lived as both remittances and agricultural income are …
Persistent link: https://www.econbiz.de/10008467261