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 …

This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … consumption volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these … countries. An investigation of the theoretical channels shows that the stabilization impact of remittances essentially hinges on …

Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives …-reporting of remittances. After controlling for this, we find a strong negative impact of remittances on incentives to work …

grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in t …

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 …

Intro -- Contents -- I. INTRODUCTION -- II. BRIEF REVIEW OF RESEARCH ON EL SALVADOR'S RECEIPTS OF REMITTANCES -- III …

Intro -- Contents -- I. INTRODUCTION -- II. DETERMINANTS OF WORKERS' REMITTANCES AND THEIR IMPLICATIONS -- III …