Remittances are an important source of external resources for developing countries. These transfers may increase the … remittances on different import categories. A panel VAR was estimated using data from eight Latin-American economies during the … 1991 to 2004 period. The impulse response functions show that remittances increase imports of capital, consumption, and …

Several governments and International organizations have lately paid attention to remittances as a tool that could … remittances in promoting such a development process. First of all, from a macroeconomic analysis, we elaborate a model of the … relationship between remittances and development that allows to understand and to evaluate the impacts of household remittances …

, this paper estimates the impact of remittances on the economic growth of selected upper and lower income Latin American … & Caribbean countries. Despite a large flow of remittances to the region, there have been relatively few empirical studies … assessing the impact of remittances on growth in Latin American and the Caribbean. Panel unit root tests suggests that several …

Workers' remittances have become a major source of financing for developing countries and are especially important in … Latin America and the Caribbean (LAC), which is at the top of the ranking of remittances receiving regions in the world … migration and remittances patterns across countries and regions, and by the fact that existing evidence for LAC is restricted to …