remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris … case. Quite outstanding here is the observation of the detrimental role of remittances on savings in the long-run once … governance quality in aggregate and disaggregated forms are controlled for, suggesting possible adverse effects of remittances …

Workers' remittances have become a major source of income for developing countries. However, little is still known … about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances … are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances …