out by reporting an almost 0% growth rate of remittances for 2008. Among Latin American countries, Mexico (the largest … article documents the recent slowdown in workers' remittances, the money that international immigrants send to their countries … recipient of remittances in the region in terms of volume) seems to be the most affected with a decrease of more than US$900 …

surrounding income volatility are also considered and evaluated. -- remittances ; income smoothing …Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing … countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing …