Series: IMF Working Papers
Author(s): Kimberly Beaton , Serhan Cevik , and Reza Yousefi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 July 2017
Keywords: Remittances, Remittances, Consumption smoothing, fiscal shocks, social spendin, Kimberly Beaton, Serhan Cevik and Seyed Reza Yousefi, Financial Aspects of Economic Integration, International Business Cycles, Household
With 250 million migrants globally, remittances are one of the major sources of income in many developing countries. While there is abundant evidence that remittances facilitate consumption smoothing in receving co...