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 …

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 …

Research into how remittances affect financial development of the remittance recipient countries has generated a great … and heterogeneity in terms of the remittances-financial development nexus. In this study, we conduct a meta-analysis of 79 … empirical studies to determine the factors that explain the heterogeneity endemic in remittances-financial development linkage …

, 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 …

products can provide to banks an important role on their revenues and liquidity. For clients allows to invest their savings …: deposits, investment funds, securities, and insurance banking. The six largest banks with Portuguese headquarters were … noted that investment decisions are dependent on investors and that there are financial innovations that attract …

robustly established that remittances and trust matter for financial development. …

This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the … period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these …, while raising formal household bank savings and allowing for more intermediation, at high levels of remittance-to-GDP …