Remittance Concentration and Volatility : Evidence from 72 Developing Countries /

This paper contributes to the literature by introducing the role of geographic concentration of the source of remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and (ii) the geographic concentration of the source of remittan...

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Bibliografske podrobnosti
Glavni avtor: Hosny, Amr
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2020.
Serija:IMF Working Papers; Working Paper ; No. 2020/015
Online dostop:Full text available on IMF
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245 1 0 |a Remittance Concentration and Volatility :   |b Evidence from 72 Developing Countries /  |c Amr Hosny. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2020. 
300 |a 1 online resource (22 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 contributes to the literature by introducing the role of geographic concentration of the source of remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate economic volatilities in recipient countries. Results are robust to global shocks affecting both source and recipient countries, and volatility in the remittance-sending country. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2020/015 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2020/015/001.2020.issue-015-en.xml  |z IMF e-Library