Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances … developing countries. We examine the role of remittances in the trade balance of 11 labor-abundant MENA countries. Our panel … regression analysis shows that the inflow of remittances has had an increasing effect on trade deficits by triggering import …

Research on the relationship between high-skilled migration and remittances has been limited by the lack of suitable …. Our results reveal that migrants' education has no significant impact on the likelihood of sending remittances …. Conditional on sending remittances, however, high-skilled migrants send significantly higher amounts of money to their households …

In the past few years, there has been a renewed interest in remittances of international migrants, as their strong … recent increase shed more light on the effects at both micro and macro level. The remittances not only contribute to the well …-being of the receiving households, but are also a large source of external financing, second only to FDI. The remittances are …

staggering amount of remittances outflow of the GCC economies plays a stabilizing role as a tacit monetary policy tool …. Incorporating remittances in the money demand equation results in a more robust model than otherwise. We further find that the …