. Surprisingly, we found that the differences in income by education level declined in most cases. Remittances had a modest effect …

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 … in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results …