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Do Workers' Remittances Promote Economic Growth?

Do Workers' Remittances Promote Economic Growth? »

Source: Do Workers' Remittances Promote Economic Growth?

Volume/Issue: 2009/153

Series: IMF Working Papers

Author(s): Michael Gapen , Ralph Chami , Peter Montiel , Adolfo Barajas , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

ISBN: 9781451873009

Keywords: private flows, remittance, workers ? remittances, remittance flows,

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private capital and offici...

Do Remittances to Latin America Depend on the U.S. Business Cycle?

Do Remittances to Latin America Depend on the U.S. Business Cycle? »

Source: Do Remittances to Latin America Depend on the U.S. Business Cycle?

Volume/Issue: 2007/273

Series: IMF Working Papers

Author(s): Ewa Gradzka , and Shaun Roache

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

ISBN: 9781451868364

Keywords: remittance, remittance flows, correlations, cointegration

We use a range of methods and remittance data from 1990 to 2007 to assess the strength and significance of linkages between remittance flows to Latin America and the U.S. business cycle. All of the evidence suggest...

Remittances in the Pacific Region

Remittances in the Pacific Region »

Source: Remittances in the Pacific Region

Volume/Issue: 2007/35

Series: IMF Working Papers

Author(s): Aiko Mineshima , and Christopher Browne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865998

Keywords: remittance, employment, migration, remittance flows

Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at home. Many Pacif...

Remittances

Remittances »

Source: Remittances : An Automatic Output Stabilizer?

Volume/Issue: 2009/91

Series: IMF Working Papers

Author(s): Dalia Hakura , Ralph Chami , and Peter Montiel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872385

Keywords: output volatility, stability, remittance, remittance flows, remittance inflows,

Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and emerging markets wi...

Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest

Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest »

Source: Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest

Volume/Issue: 2008/19

Series: IMF Working Papers

Author(s): Tigran Melkonyan , and David Grigorian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868814

Keywords: microeconomics of remittances, migrant, remittance, impact of remittances,

The paper explicitly models the dynamic strategic aspects of the interaction between the migrant and the remittance-receiving relative(s), with the migrant behaving as a Stackelberg leader. It is also different fro...

Impact of Remittances on Poverty and Financial Development in Sub-Saharan Africa

Impact of Remittances on Poverty and Financial Development in Sub-Saharan Africa »

Source: Impact of Remittances on Poverty and Financial Development in Sub-Saharan Africa

Volume/Issue: 2007/38

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Catherine Pattillo , and Smita Wagh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451866025

Keywords: remittances, migration, migrant, remittance, international migration

This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region receives only a small portion of the total recorded remittances to developing countries, and th...

A Gravity Model of Workers' Remittances

A Gravity Model of Workers' Remittances »

Source: A Gravity Model of Workers' Remittances

Volume/Issue: 2006/290

Series: IMF Working Papers

Author(s): Erik Lueth , and Marta Ruiz-Arranz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865509

Keywords: Bilateral remittance flows, gravity model, remittances, remittance, remittance flows, exchange rate, bilateral remittance, Macroeconomic Analyses of Economic Development,

This paper creates the first dataset of bilateral remittance flows for a limited set of developing countries and estimates a gravity model for workers' remittances. We find that most of the variation in bilateral r...

Garbage In, Gospel Out? Controlling for the Underreporting of Remittances

Garbage In, Gospel Out? Controlling for the Underreporting of Remittances »

Source: Garbage In, Gospel Out? Controlling for the Underreporting of Remittances

Volume/Issue: 2008/230

Series: IMF Working Papers

Author(s): Tigran Melkonyan , David Grigorian , and J. Scott Shonkwiler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2008

ISBN: 9781451870886

Keywords: censored data, measurement error, remittances, migration, equation, remittance, survey,

Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives mostly ignore the potential errors associated with reporting/measurement issues. An econometri...

Remittances and Institutions

Remittances and Institutions »

Source: Remittances and Institutions : Are Remittances a Curse?

Volume/Issue: 2008/29

Series: IMF Working Papers

Author(s): Jihad Dagher , Ralph Chami , Peter Montiel , and Yasser Abdih

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451868913

Keywords: Institutions, remittance, real gdp, gdp per capita, coefficient on remittances,

This paper addresses the complex and overlooked relationship between the receipt of workers' remittances and institutional quality in the recipient country. Using a simple model, we show how an increase in remittan...

Understanding Correspondent Banking Trends: A Monitoring Framework

Understanding Correspondent Banking Trends: A Monitoring Framework »

Source: Understanding Correspondent Banking Trends: A Monitoring Framework

Volume/Issue: 2017/216

Series: IMF Working Papers

Author(s): Dirk Jan Grolleman , and David Jutrsa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2017

ISBN: 9781484323625

Keywords: Remittances, Correspondent Banking, Correspondent Banking Relationships

The withdrawal of correspondent banking relationships (CBRs) remains a concern for the international community because, in affected jurisdictions, the decline could have potential adverse consequences on internatio...