Author/Editor: Giulia Bettin, Andrea Presbitero, Nicola Spatafora.

Release Date: January, 2014

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, more...

Author/Editor: Joong Shik Kang, Jay C Shambaugh.

Release Date: July, 2013

Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand more...

Author/Editor: Adolfo Barajas, Ralph Chami, Christian Ebeke, Sampawende J -A Tapsoba.

Release Date: October, 2012

This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral more...

Author/Editor: Yasser Abdih, Adolfo Barajas, Ralph Chami, Christian Ebeke.

Release Date: April, 2012

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using more...

Author/Editor: Jean-Louis Combes, Christian H Ebeke, Mireille Ntsama Etoundi, Thierry Yogo.

Release Date: March, 2012

This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel more...

Author/Editor: Mehdi Raissi, Kamiar Mohaddes.

Release Date: December, 2011

This paper extends the long-run growth model of Esfahani et al. (2009) to a labor exporting country that receives large inflows of external income?the sum of remittances, FDI and general government more...

Release Date: October, 2011

The Arab Spring holds the promise of improved living standards and a more prosperous future for the peoples of the Middle East and North Africa region. At the same time, the region is witnessing more...

Author/Editor: Maelan Le Goff, Kangni Kpodar.

Release Date: October, 2011

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper more...

Author/Editor: Ralph Chami, Adolfo Barajas, Anjali Garg, Connel Fullenkamp.

Release Date: January, 2010

Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of more...