This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization … in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the … remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand …

associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as … workers' remittances has had effects analogous to those of Dutch disease in the Kyrgyz Republic and Tajikistan, which have …-Samuelson adjusted real exchange rates, and poor trade performance. In Armenia and Georgia, where remittances are a smaller share of …

associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as … workers' remittances has had effects analogous to those of Dutch disease in the Kyrgyz Republic and Tajikistan, which have …-Samuelson adjusted real exchange rates, and poor trade performance. In Armenia and Georgia, where remittances are a smaller share of …

remittances had a positive and significant impact on the changes in domestic currency real unit labor costs in the transition …

gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity … language, fit remittance flows well. Remittances also react to inflation and exchange rate movements in recipient countries to … sustain their purchasing power. In line with the altruism hypothesis, remittances flow to countries with higher age dependency …

the two remain underexplored. We study the relationship between emigration of household members, receiving remittances … longitudinal survey, we find that, among the ethnic majority (Kyrgyz), an increase in migrant remittances is associated with a … Russians, the emigration of family members who do not send remittances back home is associated with an increased likelihood and …

Remittances play important role for the economy of Central Asian countries. This article uses a unique representative … household budget survey from the Asian Development Bank to analyze the determinants of remittances for permanent and seasonal … groups send remittances for different reasons. Altruism and insurance seem to drive remittances from seasonal migrants, while …