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In the past twenty years the ever-growing levels of migrants' remittances made state agencies, international … organizations, scholars and practitioners to increasingly consider remittances as one of the main engines to promote globalization … effects and uses of migrant remittances. Furthermore, using different case studies from Europe and Asia, the paper addresses …
Persistent link: https://www.econbiz.de/10011388130
The study explored the impact of remittances on poverty in selected emerging markets. On the theoretical front, the … optimistic view argued that remittances inflow into the labour exporting country reduces poverty whereas the pessimistic view … proponents said that remittances dependence syndrome retards both economic growth and income per capita. Separately, using two …
Persistent link: https://www.econbiz.de/10011877276
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance …
Persistent link: https://www.econbiz.de/10011881574
Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …
Persistent link: https://www.econbiz.de/10012506307
The growth in the number and in the size of remittances and the stability of these monetary transfers have made them a …
Persistent link: https://www.econbiz.de/10011433778
explored the influence of the complementarity between human capital development and personal remittances on poverty in CEECs …, and very much conflicting. The lag of poverty, remittances, the interaction between human capital development and … remittances, trade openness, unemployment, and partly financial development significantly increased infant mortality rates in …
Persistent link: https://www.econbiz.de/10013334931
We analyze the implications of financial openness to macroeconomic volatility in a small open economy. Major macroeconomic aggregates show non-monotonic volatility patterns with respect to the degree of financial openness in the model without domestic financial frictions. The introduction of...
Persistent link: https://www.econbiz.de/10003449265
This paper analyzes the impact of capital market openness on exchange rate pass-through and subsequently on the social loss function in an inflation targeting small open economy under a pure commitment policy. Applying the intuition behind the macroeconomic trilemma, the author examines whether...
Persistent link: https://www.econbiz.de/10013135201
Do financial frictions call for policy cooperation? This paper investigates the implications of financial frictions for monetary policy in the open economy. Welfare analysis shows that there are long-run gains which result from cooperation, but, dynamically, financial frictions per se do not...
Persistent link: https://www.econbiz.de/10013072333
Do financial frictions call for policy cooperation? This paper investigates the implications of financial frictions for monetary policy in the open economy. Welfare analysis shows that there are long-run gains which result from cooperation, but, dynamically, financial frictions per se do not...
Persistent link: https://www.econbiz.de/10012951341