migrant remittances. We find that FDI decreases substantially as a result of terrorist activity, whereas portfolio investments … show little change. In contrast, migrant remittances show a significant increase. These differences are also evident in … foreign private capital flees an economy suffering from terrorism whereas migrant remittances are the only financial flows …

Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants’ skills raise remittances, while a large informal economy in the sending country depresses …

In this paper we examine how remittances relate to the exchange rate, natural disasters and foreign aid in developing … find that while foreign aid tends to appreciate the real exchange rate, remittances do not have the same impact. We also … of disaster shocks on the real exchange rate and on the level of remittances across the two samples. …

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 …