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. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 107 developing coun...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 14/13 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are negatively correlated with the business cycle in recipient countries, and increase in response to adverse exogenous shocks, such as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic conditions in the source province. Nevertheless, in the presence of similar negative shocks to both source and recipient economies, remittances remain counter-cyclical with respect to the recipient country |
| Beschreibung: | 1 Online-Ressource (33 p) |
| ISBN: | 148438508X 9781484385081 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:13Z |
| indexdate | 2024-07-10T09:35:20Z |
| institution | BVB |
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| oclc_num | 1337117767 |
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| series2 | IMF Working Papers |
| spelling | Bettin, Giulia Verfasser aut Remittances and Vulnerability in Developing Countries Bettin, Giulia Washington, D.C International Monetary Fund 2014 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/13 This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are negatively correlated with the business cycle in recipient countries, and increase in response to adverse exogenous shocks, such as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic conditions in the source province. Nevertheless, in the presence of similar negative shocks to both source and recipient economies, remittances remain counter-cyclical with respect to the recipient country Online-Ausg Presbitero, Andrea Sonstige oth Spatafora, Nicola Sonstige oth http://elibrary.imf.org/view/IMF001/21110-9781484385081/21110-9781484385081/21110-9781484385081.xml Verlag URL des Erstveröffentlichers Volltext |
| 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 | http://elibrary.imf.org/view/IMF001/21110-9781484385081/21110-9781484385081/21110-9781484385081.xml |
| work_keys_str_mv | AT bettingiulia remittancesandvulnerabilityindevelopingcountries AT presbiteroandrea remittancesandvulnerabilityindevelopingcountries AT spataforanicola remittancesandvulnerabilityindevelopingcountries |