increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source …Remittances to India have been growing rapidly since 1991, making it one of the largest recipients of remittances. This … paper analyzes the determinants of remittances to India and finds that their growth over time can be explained by the …

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance … Middle East, North Africa, and Central Asia, three types of results emerge. First, remittances appear to be strongly … procyclical vis-à-vis sending country income. Second, remittances tend to be spent on consumption of both imported and …

We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …

The role of remittances in development and economic growth is not well understood. This is partly because the … literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for … remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic …

This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing … indicate a stronger marginal impact of remittances in a context of high macroeconomic instability, suggesting a significant … effect of remittances on the likelihood of the private sector’s credit default during shocks. These results hold even after …

We study the smoothing impact of fiscal stabilizers (proxied by government expenditures or revenues) on business cycle …

have retrenched in terms of public expenditures in relation to GDP, as well as public employment as a share of population …