or personal transfers) by 1139 pairs of migrants and recipients of remittances in Moldova in 2006. Explanatory variables …

between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects. At the …-run impact of remittances. We then use an endogenous growth framework to describe the growth potential of remittances and present … the evidence for different growth channels. There is considerable evidence that remittances (in the form of savings …

Workers’ remittances can have an impact on growth and fi nancial development in recipient countries, notably in Africa …

uses macrodata to examine the linkages between financial development, remittances and economic growth in Ghana. We estimate …Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth … literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper …

There has been little systematic empirical study on the relationship between remittances and growth. This paper … growth. We analyze how a country's capacity to use remittances and its effectiveness in doing so might be influenced by local … remittances can substitute for a lack of financial development and hence promote growth. The empirical analysis shows that …

In a recent study, Chami et al. (2003) suggested that remittances can have a negative impact on;economic growth of the … of financial;development measuring the efficiency domestic banking system and show that the impact of;remittances on … economic growth is negative (positive) in countries where bank efficiency is low;(high). This complementarity result is robust …