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implications of remittances flows on behavior of receiving households. Consistent with our predictions, remittance …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 …
Persistent link: https://www.econbiz.de/10005604927
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 …
Persistent link: https://www.econbiz.de/10005768968
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 … interest to policymakers with regard to remittances--how to manage their macroeconomic effects, and how to harness their …
Persistent link: https://www.econbiz.de/10010790498
. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in … potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their …
Persistent link: https://www.econbiz.de/10005825932
We estimate a vector error correction (VEC) model for Sri Lanka to determine the response of remittance receipts to … macroeconomic shocks. This is the first attempt of its kind in the literature. We find that remittance receipts are procyclical and … decline when the island's currency weakens, undermining their usefulness as shock absorber. On the other hand, remittances …
Persistent link: https://www.econbiz.de/10005605060
Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives …-reporting of remittances. After controlling for this, we find a strong negative impact of remittances on incentives to work. …
Persistent link: https://www.econbiz.de/10005604786
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 …
Persistent link: https://www.econbiz.de/10005826522
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 …
Persistent link: https://www.econbiz.de/10008559274
Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and … can significantly contribute to the strength of their external positions. Assessing the likely stability of remittance …' remittances to agricultural GDP, which is used as an indicator of economic "hardship" in the home country, evidence suggests that …
Persistent link: https://www.econbiz.de/10005769292
The paper presents a comparative analysis of macroeconomic dynamics of 18 Arab countries based on a panel vector autogression estimation. Comparing growth performance, fiscal and current account developments in these countries, the study concludes that (1) in the short run, external and...
Persistent link: https://www.econbiz.de/10005825740