Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many … developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …

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

. The role of Fed policy for remittances has not yet been studied. We estimate a series of panel local projections for …

This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer … remittances depends on the motives to remit. Second, remittances are less volatile than other foreign currency flows but do not … appear to systemically co-move with business cycle fluctuations. Third, remittances are relatively stable even during …

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 …

The literature has focused on motives to explain remittance behavior. But as nonanonymous transfers, remittances are …

The paper studies the effects of international remittances on poverty and inequality in Ethiopia using an urban … household survey from 2004. In order to identify the effects of remittances on poverty and inequality, counterfactual …