Do remittances sent by overseas migrants serve as insurance for recipient households? This paper examines how … with an insurance motivation for remittances. In such households, we find that roughly 60% of exogenous declines in income … remittances sent by overseas migrants respond to income shocks experienced by Philippine households. Because household income and …

In this paper, I measure the importance of remittances and financial development for developing countries. I estimate … channel for remittances to affect economic growth. The index brings together information from existing measures, reflecting … the more financial development in a country, the smaller becomes the impact of remittances on economic growth and it can …

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 ….6% respectively. -- remittances ; poverty ; inequality ; Ethiopia …

We investigate the relationship between remittances and migrants' education both theoretically and empirically, using … original bilateral remittance data. At a theoretical level we lay out a model of remittances interacting migrants' human … between remittances and migrants' education is ambiguous and depends on the immigration policy conducted at destination. The …

In Bangladesh, remittances have increased sharply over the last 20 years and amount since 2008 to over 10 percent of … GDP. While remittances can foster growth and development as well as prevent balance of payment crises, they can also have …, which would affect economic growth negatively. In this paper an attempt is made to analyze the impact of remittances on …