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find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in 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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, document a significant adverse impact of remittances' volatility on banking and stock market development suggesting that … of remitted funds' volatility and consumption on financial development. Our results, after controlling for endogeneity … volatile remittances do not allow migrants' families to invest in financial products offered by financial institutions and …
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assess the poverty impacts of climate volatility for seven socio-economic groups in 16 developing countries. We find that … extremes under present climate volatility increase poverty across our developing country sample-particularly in Bangladesh …
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