The paper explored (1) the impact of remittances on financial development and (2) whether the interaction between … remittances and human capital development had an influence on financial development in transitional economies using the dynamic … GMM approach, with data ranging from 1996 to 2014. Remittances were found to have had a non-significant positive influence …

Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …

This article elaborates on the role of personal remittances and Foreign Direct Investment (FDI) as the forms of … international private aid most compatible with sustainable economic growth and development. We argue that remittances and FDIs are …, market complexity, and the institutional prospects in poor nations. Globalization has led to increased flows of remittances …

correlation is not observable for remittances, an alternative form of foreign-exchange inflows where the capital flight motivation …

The paper explores the impact of workers' remittances on the level of export diversification. The hypothesis is that … significant inflow of remittances causes overvaluation of real exchange rate, which in turn deteriorates diversity of export. The …–2016 period and System GMM methodology. The evidence suggests that indeed large inflow of remittances is associated with less …

, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both … endogeneity-robust generalized method of moments and a structural equation model, our results show that remittances and financial … remittances and improve financial inclusion status are of great importance and could pull middle-income countries out of middle …