effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …

undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical …Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …

outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …

dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was …

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004 …-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of … poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …

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 …

potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their …. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in …

The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By … including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is … problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with …