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This paper investigates dynamic effects of remittances on households' poverty and income distribution. Using state … remittances. Our results suggest that remittances alleviate both absolute and relative poverty levels and lead to a marginal … the short-run – remittances have a positive poverty reduction effect over time. These findings have important welfare …
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The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
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This chapter reviews the recent theoretical and empirical economic literature on migrants' remittances. It is divided … between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects. At the … timing of remittances. The results from selected empirical studies show that a mixture of individualistic (e.g., altruism …
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