Search Results - subject:"Workers’ Remittances"

The Global Financial Crisis and Workers' Remittances to Africa; What's the Damage?

Chami, Ralph; Barajas, Adolfo; Garg, Anjali; … - International Monetary Fund (IMF) - 2010

Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of the global economic crisis on African GDP via the remittance channel during 2009-2010. It...

Persistent link: https://www.econbiz.de/10008519483

House Price Determinants in Selected Countries of the Former Soviet Union

Stepanyan, Vahram; Poghosyan, Tigran; Bibolov, Aidyn - International Monetary Fund (IMF) - 2010

This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the...

Persistent link: https://www.econbiz.de/10008533232

Workers' Remittances and the Equilibrium Real Exchange Rate; Theory and Evidence

Chami, Ralph; Barajas, Adolfo; Montiel, Peter; Hakura, Dalia - International Monetary Fund (IMF) - 2010

This paper investigates the impact of workersâ€™ remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard "Dutch Disease" results of appreciation are substantially weakened or even overturned depending on: degree...

Persistent link: https://www.econbiz.de/10008777033

Bangladesh; Selected Issues

International Monetary Fund (IMF); International … - 2010

This Selected Issues paper analyzes the surprising strength of remittances in Bangladesh and other countries in South Asia and the Philippines in 2009. The empirical analysis suggests that the continued strong growth of remittances in these countries is related to the resilience of non-oil GDP...

Persistent link: https://www.econbiz.de/10011245440

Remittances; An Automatic Output Stabilizer?

Hakura, Dalia; Chami, Ralph; Montiel, Peter - International Monetary Fund (IMF) - 2009

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 effect on these economies. The paper estimates the impact...

Persistent link: https://www.econbiz.de/10004999978

Fiscal Sustainability in Remittance-Dependent Economies

Chami, Ralph; Abdih, Yasser; Mati, Amine; Gapen, Michael T. - International Monetary Fund (IMF) - 2009

We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability for a country that receives significant remittance inflows. The main result is that inclusion of...

Persistent link: https://www.econbiz.de/10008528636

Do Workers' Remittances Promote Economic Growth?

Gapen, Michael T.; Chami, Ralph; Montiel, Peter; … - International Monetary Fund (IMF) - 2009

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … results show that, at best, workers' remittances have no impact on economic growth. …

Persistent link: https://www.econbiz.de/10008528660

Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa

Singh, Raju Jan; Lee, Kyung-woo; Haacker, Markus - International Monetary Fund (IMF) - 2009

The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds that remittances are larger for countries with a...

Persistent link: https://www.econbiz.de/10008559274

Mexico; Selected Issues

International Monetary Fund (IMF); International … - 2009

This Selected Issues paper on Mexico presents econometric investigation of the cyclical determinants of remittances to Mexico. The aggregate U.S. business cycle is not necessarily relevant for remittances. Remittances to Mexico do show a significant relationship with employment conditions in...

Persistent link: https://www.econbiz.de/10011242498

Remittances' impact on the labor supply and on the deficit of current account

Meyer, Dietmar; Shera, Adela - 2015

of origins and make migration a topic of special interest for many researchers. Workers' remittances represent an … account balance. Finally, also examines the role of remittances in funding decreasing Albanian National Debt. Workers …' remittances to Albania are nevertheless an important financial flow-with perhaps, significant developmental effects. Albania earns …

Persistent link: https://www.econbiz.de/10010475281