Showing 21 - 30 of 145,862
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 …
Persistent link: https://www.econbiz.de/10011142103
Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects … that the altruistic motive for remittances remains much stronger in the Pacific region than in the rest of Asia, where …
Persistent link: https://www.econbiz.de/10005769049
In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This paper studies the long-run determinants of emigrant deposits with respect to risk,...
Persistent link: https://www.econbiz.de/10005825682
This paper shows that remittance flows significantly increase the business cycle synchronization between remittance …-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study … demonstrates that this effect is robust and causal. Moreover, the econometric analysis reveals that remittance flows are more …
Persistent link: https://www.econbiz.de/10011242272
remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel …This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient … in response to sustained remittance flows tends to be quantitatively small. …
Persistent link: https://www.econbiz.de/10008777033
This paper addresses the complex and overlooked relationship between the receipt of workers' remittances and … institutional quality in the recipient country. Using a simple model, we show how an increase in remittance inflows can lead to … 111 countries we document a negative impact of the ratio of remittance inflows to GDP on domestic institutional quality …
Persistent link: https://www.econbiz.de/10005599273
International migration and large remittance flows have been prominent features of the Philippine economy for many … decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through … which remittances affect economic activity. The empirical evidence does not clearly support the purported short …
Persistent link: https://www.econbiz.de/10005604780
remittance multipliers in recipient countries, this paper estimates the impact of the global economic crisis on African GDP via … the remittance channel during 2009-2010. It forecasts remittance declines into African countries of between 3 and 14 … estimated impact on GDP for relatively remittance-dependent countries is 2 percent for 2009, but will likely be short-lived, as …
Persistent link: https://www.econbiz.de/10008519483
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
remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio …
Persistent link: https://www.econbiz.de/10008528636