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Workers' Remittances.

This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study demonstrates that this effect is robust and causal...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Barajas, Adolfo
Otros Autores: Chami, Ralph, Ebeke, Christian, Tapsoba, Sampawende J.-A
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2012.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Workers' Remittances. 
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505 0 |a Cover; Contents; I. Introduction; II. Baseline Specifications of the Effect of Remittances on Business Cycle Synchronization; A. Unilateral Specification; B. Specification Based on Bilateral Data; C. Data; III. Preliminary Results; A. Results Using Aggregate Data; B. Results Using Bilateral Data; Tables; 1. Impact of Remittance Inflows on International Business Cycle Synchronization; IV. Is the Effect of Remittance Inflows Asymmetric?; 2. Bilateral Determinants of Business Cycle Synchronization; 3. Asymmetric Impact of Remittances; 4. Asymmetric Impact of Remittances: Bilateral Data. 
505 8 |a V. Identifying a Causal Relationship Between Remittances and the International Business Cycle SynchronizationA. Using the Selection Based on Observables to Assess the Bias from Unobservables; B. Addressing the Potential Reverse Causality Between Remittances and the Components of the Dependent Variable; 5. Additional Controls and Assessing the Bias due to Selection Based?; 6. Instrumental Variable Estimates: Aggregate Data; 7. Instrumental Variable Estimates: Bilateral Data; VI. Concluding Remarks; References; Appendix; I. Descriptive Statistics and List of Countries; A. Aggregate Data. 
505 8 |a Appendix TablesA1. Descriptive Statistics; A2. List of Countries, 70; B. Bilateral Data; B1. Descriptive Statistics; B2. List of Countries, 10. 
520 |a This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study demonstrates that this effect is robust and causal. Moreover, the econometric analysis reveals that remittance flows are more effective in channeling economic downturns than upswings from the sending countries to remittance-receiving economies. The analysis suggests that measures of openness and spillovers could be enhanced by accounting for the ro. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Emigrant remittances. 
650 0 |a Foreign exchange. 
650 6 |a Envois de fonds des émigrants. 
650 6 |a Change. 
650 7 |a Emigrant remittances  |2 fast 
650 7 |a Foreign exchange  |2 fast 
700 1 |a Chami, Ralph. 
700 1 |a Ebeke, Christian. 
700 1 |a Tapsoba, Sampawende J.-A. 
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776 0 8 |i Print version:  |a Barajas, Adolfo.  |t Workers' Remittances: An Overlooked Channel of International Business Cycle Transmission?  |d Washington : International Monetary Fund, ©2012  |z 9781475535822 
830 0 |a IMF Working Papers. 
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