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. Remittances can help reduce output growth volatility thanks to their considerable magnitude, stability and low pro …Since output growth volatility has negative effects on growth, poverty and welfare, especially in poorer countries, it … variable, the one related to the increasingly important phenomenon of international migrations, namely emigrants' remittances …
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remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and … (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i …) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate …
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The authors adopt a panel structural VAR modeling approach to model the causal effects of natural disasters and state fragility on aggregate financial system variables such as deposits, non-performing loans, and GDP per capita. They divide the sample by banking sector variable and they develop 8...
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