Kim, Kijin; Ardaniel, Zemma; Kikkawa, Aiko; Endriga, … - 2022
This paper examines the countercyclicality of remittance inflows to the countries in Asia and the Pacific. It also aims to identify major determinants of remittances using gravity models of bilateral remittances. We find that bilateral remittance inflows are countercyclical against the business...