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We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …
Persistent link: https://www.econbiz.de/10011286680
To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the causal impact of income shocks at a migrant's origin and destination location on the bilateral transfer of funds. Using rainfall shocks in rural Nicaragua, I find that migrants aged...
Persistent link: https://www.econbiz.de/10011387156
Persistent link: https://www.econbiz.de/10008903499
To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the causal impact of income shocks at a migrant's origin and destination location on the bilateral transfer of funds. Using rainfall shocks in rural Nicaragua, I find that migrants aged...
Persistent link: https://www.econbiz.de/10013012019
We study the effect of inflowing remittances - a major source of capital for many countries - on tax-revenues and tax …-policy. Instrumenting remittances with changes in the oil-price interacted with a country's distance to oil-producing countries, we find … that remittances have a large positive effect on VAT revenues but no effect on income-tax revenues. This suggests that …
Persistent link: https://www.econbiz.de/10012994850
During a global shock two forces act upon international remittances in opposite directions: income losses among … migrants may reduce their ability to send remittances and, at the same time, migrants' concern for their family's wellbeing may … prompt them to send more remittances back home. Which of these drivers prevail is an empirical matter. We assemble quarterly …
Persistent link: https://www.econbiz.de/10012607034
Remittances have historically been a stable source of funding which has played a key role in the development efforts of … the disease, the World Bank estimated a drop of 20% in remittances by the end of 2020. To study the effect that such a …
Persistent link: https://www.econbiz.de/10013217693
In this paper, I attempt to understand the mechanisms underlying the price of remittances. I do so by using a cross …-country analysis over the 2010s. More specifically, this paper highlights how the remittances service providers adjust to a change in … the demand for remittances. To address endogeneity as well as severe measurement errors, I use data on environmental …
Persistent link: https://www.econbiz.de/10013238916
-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability … and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks …
Persistent link: https://www.econbiz.de/10013252035
use remittances, informal loans, or assets as ex post risk-coping mechanisms. Since these households have limited access … approximately 27 percent of consumption is insured. International remittances from migrant members replace about 11 percent of …
Persistent link: https://www.econbiz.de/10010442019