Remittances and Vulnerability in Developing Countries /

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 107 developing coun...

ver descrição completa

Detalhes bibliográficos
Autor principal: Bettin, Giulia
Outros Autores: Presbitero, Andrea, Spatafora, Nikola
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2014.
coleção:IMF Working Papers; Working Paper ; No. 2014/013
Acesso em linha:Full text available on IMF
LEADER 01949cas a2200265 a 4500
001 AALejournalIMF014171
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484385081 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Bettin, Giulia. 
245 1 0 |a Remittances and Vulnerability in Developing Countries /  |c Giulia Bettin, Andrea Presbitero, Nikola Spatafora. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2014. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 107 developing countries over the period 2005-2011. We find that remittances are negatively correlated with the business cycle in recipient countries, and increase in response to adverse exogenous shocks, such as natural disasters or large declines in the terms of trade. Remittances are positively correlated with economic conditions in the source province. Nevertheless, in the presence of similar negative shocks to both source and recipient economies, remittances remain counter-cyclical with respect to the recipient country. 
538 |a Mode of access: Internet 
700 1 |a Presbitero, Andrea. 
700 1 |a Spatafora, Nikola. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2014/013 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2014/013/001.2014.issue-013-en.xml  |z IMF e-Library