design policies that promote remittances and increase their benefits while mitigating adverse side effects. Getting these … that demand for migrant workers remains robust for years to come. Hence, the volume of remittances likely will continue to …Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have …

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …

remittances on the conduct of fiscal and monetary policy and trace their effects on real and nominal variables in a business cycle … setting. We show that remittances raise disposable income and consumption, and insure against income shocks, thereby raising … household welfare. However, remittances increase the correlation between labor and output, thereby producing a more volatile …

potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their …. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in …

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are … as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic …

The paper explicitly models the dynamic strategic aspects of the interaction between the migrant and the remittance …-receiving relative(s), with the migrant behaving as a Stackelberg leader. It is also different from other formalizations of remittance … implications of remittances flows on behavior of receiving households. Consistent with our predictions, remittance …

There has been little systematic empirical study on the relationship between remittances and growth. This paper … attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large … sample of developing countries, we relate the interaction between remittances and financial development and its impact on …

The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the … most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds … that remittances are larger for countries with a larger diaspora or when the diaspora is located in wealthier countries …

This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region … receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA … swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating …

The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By … including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is … problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with …