Share

Remittance Concentration and Volatility: Evidence from 72 Developing Countries

2020-01-17 Business & Economics
Download Remittance Concentration and Volatility: Evidence from 72 Developing Countries PDF Online Free

Author :
Release : 2020-01-17
Genre : Business & Economics
Kind : eBook
Book Rating : 883/5 ( reviews)

GET EBOOK


Book Synopsis Remittance Concentration and Volatility: Evidence from 72 Developing Countries by : Amr Hosny

Download or read book Remittance Concentration and Volatility: Evidence from 72 Developing Countries written by Amr Hosny. This book was released on 2020-01-17. Available in PDF, EPUB and Kindle. Book excerpt: This paper contributes to the literature by introducing the role of geographic concentration of the source of remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate economic volatilities in recipient countries. Results are robust to global shocks affecting both source and recipient countries, and volatility in the remittance-sending country.

The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages

2019-08-16 Business & Economics
Download The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages PDF Online Free

Author :
Release : 2019-08-16
Genre : Business & Economics
Kind : eBook
Book Rating : 487/5 ( reviews)

GET EBOOK


Book Synopsis The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages by : Hector Perez-Saiz

Download or read book The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages written by Hector Perez-Saiz. This book was released on 2019-08-16. Available in PDF, EPUB and Kindle. Book excerpt: We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.

Global Economic Prospects 2006

Download Global Economic Prospects 2006 PDF Online Free

Author :
Release :
Genre :
Kind : eBook
Book Rating : 45X/5 ( reviews)

GET EBOOK


Book Synopsis Global Economic Prospects 2006 by :

Download or read book Global Economic Prospects 2006 written by . This book was released on . Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.

Macroeconomic Consequences of Remittances

2008-03-11 Business & Economics
Download Macroeconomic Consequences of Remittances PDF Online Free

Author :
Release : 2008-03-11
Genre : Business & Economics
Kind : eBook
Book Rating : 255/5 ( reviews)

GET EBOOK


Book Synopsis Macroeconomic Consequences of Remittances by : Connel Fullenkamp

Download or read book Macroeconomic Consequences of Remittances written by Connel Fullenkamp. This book was released on 2008-03-11. Available in PDF, EPUB and Kindle. Book excerpt: Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses the two main issues of interest to policymakers with regard to remittances--how to manage their macroeconomic effects, and how to harness their development potential--by reporting the results of the first global study of the comprehensive macroeconomic effects of remittances on recipient economies. In broad terms, the findings of this paper tend to confirm the main benefit cited in the microeconomic literature: remittances improve households' welfare by lifting families out of poverty and insuring them against income shocks. The findings also yield a number of important caveats and policy considerations, however, that have largely been overlooked. The main challenge for policymakers in countries that receive significant flows of remittances is to design policies that promote remittances and increase their benefits while mitigating adverse side effects. Getting these policy prescriptions correct early on is imperative. Globalization and the aging of developed economy populations will ensure that demand for migrant workers remains robust for years to come. Hence, the volume of remittances likely will continue to grow, and with it, the challenge of unlocking the maximum societal benefit from these transfers.

Determinants of Remittances

2011-01-01 Business & Economics
Download Determinants of Remittances PDF Online Free

Author :
Release : 2011-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 974/5 ( reviews)

GET EBOOK


Book Synopsis Determinants of Remittances by : Ms.Huidan Huidan Lin

Download or read book Determinants of Remittances written by Ms.Huidan Huidan Lin. This book was released on 2011-01-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the Tongan currency appreciates, but increases with higher real GDP growth and lower unemployment in remitting countries. The analysis also finds that the influence of these determinants varies with the recipients of remittances, with remittances to non-profit organizations being more sensitive to an appreciation of the Tongan currency and the interest rate differential between Tonga and remitting countries than remittances to households. However, the analysis does not find evidence of "?Dutch Disease" in Tonga, as the real exchange rate does not appear to be affected by remittances.

You may also like...