Over the past decades, workers' remittances have grown to become one of the largest
sources of financial flows to develo** countries, often dwarfing other widely-studied …

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 …

The main purpose of this study was to explore the causal link between stock market
performance and economic growth in terms of a simple theoretical and empirical literature …

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 …

This paper investigates the determinants and the macroeconomic role of remittances in sub-
Saharan Africa. It assembles the most comprehensive data set available so far on …

Recent studies indicate that the effect of migrants' remittances on the economic growth of
receiving countries depends negatively on the level of development of the domestic financial …

Worker remittances constitute an increasingly important channel for the transfer of resources
to develo** countries. Behind foreign direct investment, remittances are the second …

International migration can generate substantial welfare gains for migrants, as well as
countries of origin and destination, and reduce poverty. The benefits to origin countries are …

Although the recent economic expansion and redistributive fiscal policies implemented in
Latin America since the turn of the century have raised the wellbeing of the population, the …

Remittance flows appear to be falling worldwide for the first time in decades as a result of the
ongoing financial turmoil. It is suspected that the drop in remittance income into develo** …