Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …

migration and a sharp growth in the remittances-to-gross domestic product (GDP) ratio; in 2011/12 it was about 23%. The … conventional IG explanation highlights the contribution of remittances to household income and poverty reduction. However …, households are spending remittances largely on consumer activities; therefore, this situation is labeled as "short-term" IG …

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 …

This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries … using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect … home country real gross domestic product (GDP) per capita growth. A 10% increase in remittances as a share of GDP leads to …

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 …