How does income from international migrant labor affect the long-run development of migrant-origin areas? We leverage the 1997 Asian Financial Crisis to identify exogenous changes in international migrant income across regions of the Philippines, derived from spatial variation in exposure to...

In this article have presented the kernel of the migration literature on remittances. It started from their three most debated features: stability, cyclicality and sustainability. Then moved to the motives driving remittances and, finally, their relationship with development. Both sustainability...

A considerable amount of research has been conducted on the topic of migration and remittances over the last few years. Early studies on immigration policy assumed that migrants leave their countries, settle in a new country, start integrating in their new society, and abandon their ties with...