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We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in … price elasticity of remittances is around 0.4. While most studies have examined the impact of remittances on the real … economic activities in the receiving countries, this study emphasises the impact of remittances on the remitting countries. We …
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We study the effect of inflowing remittances - a major source of capital for many countries - on tax-revenues and tax …-policy. Instrumenting remittances with changes in the oil-price interacted with a country's distance to oil-producing countries, we find … that remittances have a large positive effect on VAT revenues but no effect on income-tax revenues. This suggests that …
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In this paper, I attempt to understand the mechanisms underlying the price of remittances. I do so by using a cross …-country analysis over the 2010s. More specifically, this paper highlights how the remittances service providers adjust to a change in … the demand for remittances. To address endogeneity as well as severe measurement errors, I use data on environmental …
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