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remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris … case. Quite outstanding here is the observation of the detrimental role of remittances on savings in the long-run once … governance quality in aggregate and disaggregated forms are controlled for, suggesting possible adverse effects of remittances …
Persistent link: https://www.econbiz.de/10013407069
The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare …, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective … of this research is to examine the dynamic relationship between remittances, capital formation, structural transformation …
Persistent link: https://www.econbiz.de/10014635990
This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the...
Persistent link: https://www.econbiz.de/10012982424
One of the central concerns in Latin America and the Caribbean (LAC) has been the reduction of poverty and inequality so prevalent in the continent. Using large world samples, the literature has found that financial development increases economic growth, increases the income of the poor, and...
Persistent link: https://www.econbiz.de/10013324873
Persistent link: https://www.econbiz.de/10003612513
Persistent link: https://www.econbiz.de/10003501749
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 …
Persistent link: https://www.econbiz.de/10010521659
Persistent link: https://www.econbiz.de/10003839647
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 …
Persistent link: https://www.econbiz.de/10012552698
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, we find that remittances in Latin … the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey …
Persistent link: https://www.econbiz.de/10012562630