Remittances have risen spectacularly in recent decades, capturing the attention of researchers and policymakers and … spurring debate on their pros and cons. Remittances can improve the well-being of family members left behind and boost the …

In this paper, I measure the importance of remittances and financial development for developing countries. I estimate … channel for remittances to affect economic growth. The index brings together information from existing measures, reflecting … the more financial development in a country, the smaller becomes the impact of remittances on economic growth and it can …