Remittances and Vulnerability in Developing Countries:
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. The paper exploits a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 87 developi...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2014
|
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. The paper exploits a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are negatively correlated with the business cycle in recipient countries and increase especially strongly in response to adverse exogenous shocks, such as natural disasters or large terms-of-trade declines. Financial development in the source economy, which eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances. Conversely, recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints |
| Beschreibung: | 1 Online-Ressource (30 p) |
| DOI: | 10.1596/1813-9450-6812 |
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| 520 | |a This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. The paper exploits a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are negatively correlated with the business cycle in recipient countries and increase especially strongly in response to adverse exogenous shocks, such as natural disasters or large terms-of-trade declines. Financial development in the source economy, which eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances. Conversely, recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints | ||
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| id | DE-604.BV048266246 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:59:54Z |
| indexdate | 2024-10-12T04:01:20Z |
| institution | BVB |
| language | English |
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| publishDate | 2014 |
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| publisher | The World Bank |
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| spellingShingle | Bettin, Giulia Remittances and Vulnerability in Developing Countries |
| title | Remittances and Vulnerability in Developing Countries |
| title_auth | Remittances and Vulnerability in Developing Countries |
| title_exact_search | Remittances and Vulnerability in Developing Countries |
| title_exact_search_txtP | Remittances and Vulnerability in Developing Countries |
| title_full | Remittances and Vulnerability in Developing Countries Bettin, Giulia |
| title_fullStr | Remittances and Vulnerability in Developing Countries Bettin, Giulia |
| title_full_unstemmed | Remittances and Vulnerability in Developing Countries Bettin, Giulia |
| title_short | Remittances and Vulnerability in Developing Countries |
| title_sort | remittances and vulnerability in developing countries |
| url | https://doi.org/10.1596/1813-9450-6812 |
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