The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less … clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the … receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external …

This paper adds international migration and remittances into the IMF's Flexible System of Global Models (FSGM). FSGM is … dynamics of major remitter regions is proposed. The dynamics of remittances and migration in FSGM are calibrated to be …

Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC …), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and … remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor …

remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances … since June 2020, including the significant increase in the average amount remitted. Using data from over 300 remittances … modes of transmission of remittances, additional U.S. fiscal stimulus and U.S. labor market developments, especially in the …

In contrast to expectations, remittances to Central America and the Caribbean (CAC) surprised positively during 2020 … and 2021. This study revisits the key macro indicators driving remittances, looks at the heterogeneous impacts of the …

This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization … remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand …