Workers' remittances have become a major source of income for developing countries. However, little is still known … about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances … are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances …

Workers' remittances have become a major source of income for developing countries. However, little is still known … about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances … are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances …

Workers' remittances have become a major source of income for developing countries. However, little is still known … about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances … are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances …

Within a theoretical framework, the author analyzes the effects that both workers' remittances and financial … intermediation have on economic growth. It is found, among other things, that remittances can have significant positive long … responsiveness of growth to remittances. The overall conclusion is that making financial services more generally available should …