Rainfall, Financial Development, and Remittances : Evidence From Sub-Saharan Africa /

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 is that these income shocks have a significant positive effect on remittances, but that...

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Bibliographic Details
Main Author: Arezki, Rabah
Other Authors: Bruckner, Markus
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/153
Online Access:Full text available on IMF