The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic …% for Tajikistan (38%) for Haiti (-13%). Subsequently, we explore why the extent of risk sharing through remittances is so … risk sharing via remittances: the more diverse the migration destinations of a country, higher will be the amount of risk …

This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer … remittances depends on the motives to remit. Second, remittances are less volatile than other foreign currency flows but do not … appear to systemically co-move with business cycle fluctuations. Third, remittances are relatively stable even during …

This study investigates the relationship between workers’ remittances and economic growth in China and Korea by … run relationship between remittances and economic growth in Korea, while, significant negative relationship exist between … remittances and economic growth in China. Error correction model confirms the significant positive short run relationship of …

international capital flows (foreign direct investments and remittances) in the analysis of the relationship between international …