We develop a model of the interdependencies between migration, remittances and inequality, and investigate how … migration and subsequent remittances affect inter-household inequality in the origin communities. An important feature of our … on remittances and inequality, but offers a different interpretation, with no need to endogenize migration costs through …

means and incentives to migrate, increasing inequality in the sending community. However, the migration networks formed … lower the costs for future migrants, which can in turn lower inequality. This paper shows both theoretically and empirically …-shaped relationship between emigration and inequality in rural sending communities in Mexico. After instrumenting, we find that the …

equilibrium model to analyze the effects of remittances in emerging market economies. We find that, whether altruistically … also indicate that remittances improve households'welfare as they smooth income flows and increase consumption and leisure …

to financial markets and test whether remittances are countercyclical and serve as an insurance mechanism against … secular increase in the trend growth of remittances and random cyclical fluctuations around this trend. In a purely … households facing an increasing trend for remittances. A flexible floating regime is preferred when unanticipated shocks driving …

Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead …

We incorporate remittances and microentrepreneurship (self-employment) into a small openeconomy business cycle model … with capital and labor market frictions. Countercyclical remittances moderate the decline of households' consumption during … recessions. These remittances also are used to finance the start-up costs of microenterprises that bolster households' income …

We provide a direct test of the impact of altruism on remittances. From a sample of 105 male migrant workers from … remittances. Altruism does not seem to matter. However, we document a strong positive relationship between altruism and … remittances for those migrants that report a loan obligation back home, which is nearly half the sample. We explain the role of …

for the Federal Reserve's longer-run balance sheet on its earnings remittances to the U.S. Treasury and, more broadly, on …

the hypothesis that both emigration and remittances reduce child labor. …

economies. The results suggest that remittances and aid flows are associated with increased international risk sharing. Other …