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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 …
Persistent link: https://www.econbiz.de/10010292212
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 …
Persistent link: https://www.econbiz.de/10010292315
Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead …
Persistent link: https://www.econbiz.de/10010292357
Migration and remittances are widely seen as major components of diversification strategies aimed at coping with risky … economic in kind. Accordingly, remittances account for a substantial share of household incomes. Results derived from a probit … remittances are obviously more easily accessible than other opportunities of income diversification beyond farming for households …
Persistent link: https://www.econbiz.de/10010293514
framework that includes other variables such as migrant remittances to the region and a fiscal policy variable represented by … remittances enables us to examine the effect of an international capital flow variable on inflation. The results reveal that the …
Persistent link: https://www.econbiz.de/10010294008
remittances and inter-family transfers is still rare. This paper intends to analyse the incentive effects of inter …
Persistent link: https://www.econbiz.de/10010296047
Worker remittances constitute an increasingly important mechanism for the transfer of resources from developed to … developing countries, and remittances are the second-largest source, behind foreign direct investment, of external funding for … developing countries. Yet, literature on worker remittances has so far focused mainly on the impact of remittances on income …
Persistent link: https://www.econbiz.de/10010297353
families who do not return those investments in order to prevent their own possibilities of receiving future remittances and … investments from being adversely affected. We find that in equilibrium we can have remittances to be invested and given back to … the migrant and remittances for private consumption by the migrant's family even in the complete absence of altruism on …
Persistent link: https://www.econbiz.de/10010301148
receipt of remittances affect educational outcomes in Haiti. Based on a theoretical approach it tries to disentangle the … effects of both phenomena that have mostly been jointly modeled in previous literature. The results suggest that remittances …
Persistent link: https://www.econbiz.de/10010301373
behind. We also find that the monetary inflows (remittances) that accompany migration do not increase happiness levels among … sustains on account of the emigration of loved ones, with remittances from abroad. …
Persistent link: https://www.econbiz.de/10010301430