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 …

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 …

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 …

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 …

The role of remittances in development and economic growth is not well understood. This is partly because the … literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for … remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic …

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 …The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the …

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 …

migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …The flow of workers' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of … Pakistani workers. This paper analyses the forces that have driven remittance flows to Pakistan in recent years. The main …

estimates a gravity model for workers' remittances. We find that most of the variation in bilateral remittance flows can be …This paper creates the first dataset of bilateral remittance flows for a limited set of developing countries and … commonly believed. Most strikingly, remittances do not seem to increase in the wake of a natural disaster and appear aligned …

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance …-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the … Middle East, North Africa, and Central Asia, three types of results emerge. First, remittances appear to be strongly …