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 …

rate in four economies (Armenia, Azerbaijan, the Kyrgyz Republic, and Tajikistan) from the Central Asia and South Caucasus … more productive workers. Direct evidence on the remittances that each household received is not available. The empirical …

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 …

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, the part of the migrant's income sent back to their family living in the origin country, have become a … Sustainable Development Goals; it is also an important policy objective as it helps to bring remittances into the formal economy … and to what extent the reduction in the cost of remittances increases the flow of remittances to developing countries, and …