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Do Workers' Remittances Promote Economic Growth?

Do Workers' Remittances Promote Economic Growth? »

Source: Do Workers' Remittances Promote Economic Growth?

Volume/Issue: 2009/153

Series: IMF Working Papers

Author(s): Michael Gapen , Ralph Chami , Peter Montiel , Adolfo Barajas , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

ISBN: 9781451873009

Keywords: private flows, remittance, workers ? remittances, remittance flows,

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private capital and offici...

Workers' Remittances and the Equilibrium Real Exchange Rate

Workers' Remittances and the Equilibrium Real Exchange Rate »

Source: Workers' Remittances and the Equilibrium Real Exchange Rate : Theory and Evidence

Volume/Issue: 2010/287

Series: IMF Working Papers

Author(s): Ralph Chami , Adolfo Barajas , Peter Montiel , and Dalia Hakura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210947

Keywords: Worker&;amp;#x2019;s remittances, equilibrium real exchange rate, low-income countries, exchange rate, remittances, real exchange rate, remittance, workers ? remittances,

This paper investigates the impact of workers' remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard "Dutch Disease" results of appre...

Remittances in Pakistan

Remittances in Pakistan »

Source: Remittances in Pakistan : Why have they gone up, and why Aren't they coming down?

Volume/Issue: 2011/200

Series: IMF Working Papers

Author(s): Yan Sun , and Udo Kock

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781462303236

Keywords: remittances, remittance, worker migration, labor migration, International Factor Movements and International Business: General,

The flow of workers' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of slowing down, despite the economic downturn in the Gulf Cooperation Council (GCC) and other impo...

Are Workers' Remittances a Hedge Against Macroeconomic Shocks? the Case of Sri Lanka

Are Workers' Remittances a Hedge Against Macroeconomic Shocks? the Case of Sri Lanka »

Source: Are Workers' Remittances a Hedge Against Macroeconomic Shocks? the Case of Sri Lanka

Volume/Issue: 2007/22

Series: IMF Working Papers

Author(s): Marta Ruiz-Arranz , and Erik Lueth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865868

Keywords: Workers&;amp;#x2019; remittances, Cyclicality, Macroeconomic Shock, Vector Error Correction Model, remittances, remittance, remittance receipts, cointegration, International Factor Movements: Other, Macroeconomic Analyses of Economic Development,

We estimate a vector error correction (VEC) model for Sri Lanka to determine the response of remittance receipts to macroeconomic shocks. This is the first attempt of its kind in the literature. We find that remitt...

Do Workers' Remittances Promote Economic Growth?

Do Workers' Remittances Promote Economic Growth? »

Volume/Issue: 2009/153

Series: IMF Working Papers

Author(s): Michael Gapen , Ralph Chami , Peter Montiel , Adolfo Barajas , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

DOI: http://dx.doi.org/10.5089/9781451873009.001

ISBN: 9781451873009

Keywords: private flows, remittance, workers ? remittances, remittance flows,

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private capital and offici...

Are Immigrant Remittance Flows a Source of Capital for Development?

Are Immigrant Remittance Flows a Source of Capital for Development? »

Source: Are Immigrant Remittance Flows a Source of Capital for Development?

Volume/Issue: 2003/189

Series: IMF Working Papers

Author(s): Samir Jahjah , Ralph Chami , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

ISBN: 9781451859638

Keywords: altruism, asymmetric information, private income transfers, worker, worker remittances, migration, remittance, Asymmetric and Private Information, Household Behavior, International Factor Movements and International Business,

The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links...

Business Cycles and Workers' Remittances

Business Cycles and Workers' Remittances »

Source: Business Cycles and Workers' Remittances : How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?

Volume/Issue: 2006/52

Series: IMF Working Papers

Author(s): Serdar Sayan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451863123

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...

A Theory of Workers' Remittances with An Application to Morocco

A Theory of Workers' Remittances with An Application to Morocco »

Source: A Theory of Workers' Remittances with An Application to Morocco

Volume/Issue: 2004/194

Series: IMF Working Papers

Author(s): Jacques Bouhga-Hagbe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451859898

Keywords: altruism, portfolio diversification, co-integration, equation, workers ? remittances, migration, statistics, Household Behavior: General, Macroeconomics: Consumption, Saving

This paper provides a model on how altruism, "attachment" to the home country, and portfolio diversification may act as potential motives behind workers' remittances. It shows that the level of workers' remittances...

Altruism and Workers' Remittances

Altruism and Workers' Remittances »

Source: Altruism and Workers' Remittances : Evidence from Selected Countries in the Middle East and Central Asia

Volume/Issue: 2006/130

Series: IMF Working Papers

Author(s): Jacques Bouhga-Hagbe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863901

Keywords: altruism, co-integration, cointegration, equation, workers ? remittances, equations, Household Behavior: General, Macroeconomics: Consumption, Saving, Production

Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely...

Workers' Remittances and the Equilibrium Real Exchange Rate
			: Theory and Evidence

Workers' Remittances and the Equilibrium Real Exchange Rate : Theory and Evidence »

Volume/Issue: 2010/287

Series: IMF Working Papers

Author(s): Ralph Chami , Adolfo Barajas , Peter Montiel , and Dalia Hakura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

DOI: http://dx.doi.org/10.5089/9781455210947.001

ISBN: 9781455210947

Keywords: Worker&;amp;#x2019;s remittances, equilibrium real exchange rate, low-income countries, exchange rate, remittances, real exchange rate, remittance, workers ? remittances,

This paper investigates the impact of workers' remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard "Dutch Disease" results of appre...