Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead to real exchange rate appreciation and resource movement effects that favor the nontradable sector at the expense of tradable goods production. These characteristics are two...

Using data for El Salvador and Bayesian techniques, we develop and estimate a two-sector dynamic stochastic general equilibrium model to analyze the effects of remittances on emerging market economies. We find that, whether altruistically motivated or otherwise, an increase in remittance flows...

Workfare programs are social protection instruments used by governments to address the lack of jobs or inadequate incomes among the poor. In the Philippines, they are the largest public employment programs of the government. Despite this, there is very little understanding on how these programs...