Series: IMF Working Papers
Author(s): Rabah Arezki , and Markus Bruckner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2011
Keywords: Transitory Income Shocks, Financial Development, significance level, fixed effects, dependent variable, International Factor Movements and International Business: General, International Finance: General, Economic Development: General,
We use annual variation in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 42 Sub-Saharan African countries during the period 1960-2007. Our main finding i...