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Macroeconomic Consequences of Remittances

Author/Editor: Connel Fullenkamp, Thomas F. Cosimano, Michael T. Gapen, Ralph Chami, Peter Montiel, Adolfo Barajas.

Release Date:March, 2008

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper more...



Price: $30.00
Remittances and Institutions : Are Remittances a Curse?

Author/Editor: Jihad Dagher, Ralph Chami, Peter Montiel, Yasser Abdih.

Release Date:February, 2008

This paper addresses the complex and overlooked relationship between the receipt of workers' remittances and institutional quality in the recipient country. Using a simple model, we show how an more...



Price: $18.00
Beware of Emigrants Bearing Gifts : Optimal Fiscal and Monetary Policy in the Presence of Remittances

Author/Editor: Michael T Gapen, Thomas F Cosimano, Ralph Chami.

Release Date:March, 2006

This paper uses a stochastic dynamic general equilibrium model to investigate the influence of countercyclical remittances on the conduct of fiscal and monetary policy and trace their effects on real more...



Price: $15.00
Did the Basel Accord Cause a Credit Slowdown in Latin America?

Author/Editor: Thomas F Cosimano, Ralph Chami, Adolfo Barajas.

Release Date:February, 2005

Drawing from a unique data set comprising 2,893 banks and 152 countries over the period 1987 to 2000, we test whether the adoption of the Basel Accord by Latin American and Caribbean countries was more...



Price: $15.00
A Model of the Imf As a Coinsurance Arrangement

Release Date:November, 2004

The paper shows that a coinsurance arrangement among countries can, in principle, play a useful role in helping countries bear the risks involved in developing their economies and integrating into more...



Price: $20.00
Are Immigrant Remittance Flows a Source of Capital for Development?

Author/Editor: Samir Jahjah, Ralph Chami, Connel Fullenkamp.

Release Date:September, 2003

The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a more...



Price: $15.00
Emerging Issues in Banking Regulation

Author/Editor: Sunil Sharma, Ralph Chami, Mohsin S Khan.

Release Date:May, 2003

The paper provides an overview of the profound and rapid changes in banking brought about by technology and deregulation, and discusses the hurdles that will have to be negotiated for putting in more...



Price: $15.00
Trust As a Means of Improving Corporate Governance and Efficiency

Author/Editor: Ralph Chami, Connel Fullenkamp.

Release Date:February, 2002

Agency problems within the firm are a significant hindrance to efficiency. We propose trust between coworkers as a superior alternative to the standard tools used to mitigate agency problems: more...



Price: $15.00
Monetary Policy with a touch of Basel

Author/Editor: Ralph Chami, Thomas F Cosimano.

Release Date:October, 2001

The typical portrait of monetary policy has the banks and the money supply being manipulated through changes in bank reserves. However, with only a small portion of bank deposits now subject to more...



Price: $15.00
What is Different About Family Businesses?

Author/Editor: Ralph Chami.

Release Date:May, 2001

Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the more...



Price: $15.00
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