development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …

The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 …/ARDL estimations with panel unit root and cointegration tests. After establishing cointegration, remittances and financial development … financial development acted as a substitute in the remittances-growth relationship. Finally, unidirectional causal relationships …

substitution effects. We offer new evidence on the effect of remittances on household investment decisions. We enrich our analysis … concerns. We find that remittances increase the likelihood of human, physical, and social capital investment in most of our … income effect of remittances mainly drives the positive effect on capital investment. However, we also find evidence of …

increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. … remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for …

The study employs macro data on 42 African countries to examine whether remittances and financial development …. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …'s financial system is not potent enough for repacking remittances towards the equalisation of incomes, and (iii) vis …

This study employs macrodata on 42 African countries to examine whether remittances and financial development …. Robust evidence based on the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii …) Africa’s financial system is not potent enough for propelling remittances towards the equalisation of incomes, and (iii) vis …

to some selected Sub-Saharan African countries. The hypothesized link between workers' remittances and private investment …Workers' Remittances flow is considered a stable source of financial flows to many developing countries. However …, researchers differ on the question of whether remittances also constitute a vital source of development finance to recipient …

from the widely known sources like foreign portfolio investment (FPI), foreign direct investment (FDI) and official … development assistance from overseas. This notwithstanding, migrants’ remittances imperatively remain a better source of finance … motivation for this study to assess how migrant remittances can directly and/or indirectly influence industrialization using a …

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 …