-country business cycle model of labor migration and remittances. The model matches the cyclical dynamics of unskilled migration and … documents the insurance role of remittances in consumption smoothing. Over the cycle, immigration increases with the expected … stock of immigrant labor, enhancing the volatility of unskilled wages and remittances. Changes in border enforcement have …

suggest that the marginal dollars from remittances relax the household budget constraint and enable families to invest in …

In this paper, we focus on network- and gender-specific determinants of remittances, which are often explained … be explained by the underlying transnational network contract. Second, remittances sent by foreigners and naturalized … reunification in the destination country and decreases remittances. Third, the structure of the existing social network in Germany …

, remittances are higher if close relatives live in the sending country. Finally, Vuong-tests indicate that the double-hurdle model … is the correct specification for the analysis of migrants' savings and remittances rather than the conventional Tobit …

The role of remittances in development and economic growth is not well understood. This is partly because the … literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for … remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic …

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 …

Do remittances sent by overseas migrants serve as insurance for recipient households? This paper examines how … remittances sent by overseas migrants respond to income shocks experienced by Philippine households. Because household income and … remittances are jointly determined, we exploit rainfall shocks as instrumental variables for income changes. In households with …