to financial markets and test whether remittances are countercyclical and serve as an insurance mechanism against … secular increase in the trend growth of remittances and random cyclical fluctuations around this trend. In a purely … households facing an increasing trend for remittances. A flexible floating regime is preferred when unanticipated shocks driving …

country into stagnation. We also find that immigrants' remittances are harmful to the host country under full employment but …

country into stagnation. We also find that immigrants' remittances are harmful to the host country under full employment but …

Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead …

This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient … remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel …

the hypothesis that both emigration and remittances reduce child labor. …

to be a sustainable solution to unbalanced global economic developments. Remittances, Foreign Direct Investment (FDI) and …. Remittances offer no structural solution to reduction of poverty as these funds flow to a selective group of families and are …

welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …

; (ii) providing remittances that fund start-ups in their countries of origin and (iii) returning entrepreneurial skills to …

neglected - economic and socio-cultural effects of the brain drain. Remittances of African migrants contribute considerably not …