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important as mechanisms of risk sharing and income redistribution. We argue that migration and remittances have the potential to … remittances strengthen or weaken the degree of private transfers. We use data from a detailed household survey in Kyrgyzstan …, designed by the authors, to empirically study the effect of migration and remittances on both monetary and non …
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Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...
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