Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have …

This paper shows that remittance flows significantly increase the business cycle synchronization between remittance … demonstrates that this effect is robust and causal. Moreover, the econometric analysis reveals that remittance flows are more … effective in channeling economic downturns than upswings from the sending countries to remittance-receiving economies. The …

from the World Bank, aims to analyse the effect of remittance on household resilience capacity in Georgia. The measurement … model indicate that remittance has a positive impact on RCI, primarily through the ABS and AC pillars. Further policies in …

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 will have a destabilizing … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …

remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel … in response to sustained remittance flows tends to be quantitatively small. …

This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region …