Business Cycles and Workers' Remittances : How Do Migrant Workers Respond to Cyclical Movements of GDP At Home? »
Series: IMF Working Papers
Author(s): Serdar Sayan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2006
Keywords: workers&;amp;#x2019; remittances, consumption vs. investment motive, remittances, remittance, remittance receipts, real gdp, migrant, International Factor Movements and International Business: General, Macroeconomic Aspects of International Trade and Finance: Other,
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back h...