Some models support the notion that exchange-rate uncertainty promotes economic growth while others suggest that exchange-rate uncertainty slows growth. Most empirical work supports the latter hypothesis, leading policymakers to strive for more stable exchange rates. The authors question the...

Using a recent Spanish database, we show that remittances respond to cross-country differences in portfolio values, behavior consistent with immigrant’s access to trans-national networks. Responsiveness to portfolio variables is found to persist regardless of education level. There are,...

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing household income volatility using Mexican household...

Using a recent Spanish database on immigrants from all across the globe, we show that remittances respond to differences in macroeconomic conditions at home and abroad. This behavior suggests that immigrants are sophisticated economic optimizers who take advantage of differential returns when...

Summary We examine the impact of remittances on children's school attendance in the Dominican Republic. To isolate the effect of remittances from the effect of sometimes concurrent household out-migration, we focus on children in households without members currently residing in the United...

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing household income volatility using Mexican household...

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing household income volatility using Mexican household...

We examine how remittances relate to the exchange rate, natural disasters and foreign aid focusing on Small Island Developing States (SIDS). Using panel VAR methods, we are able to compensate for both data limitations and endogeneity issues. While remittances respond to innovations in the...

La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....