Publication:
Remittances and Vulnerability in Developing Countries

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dc.contributor.authorBettin, Giulia
dc.contributor.authorPresbitero, Andrea F.
dc.contributor.authorSpatafora, Nikola
dc.date.accessioned2014-04-10T19:55:17Z
dc.date.available2014-04-10T19:55:17Z
dc.date.issued2014-03
dc.description.abstractThis paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. The paper exploits a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are negatively correlated with the business cycle in recipient countries and increase especially strongly in response to adverse exogenous shocks, such as natural disasters or large terms-of-trade declines. Financial development in the source economy, which eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances. Conversely, recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/03/19272414/remittances-vulnerability-developing-countries
dc.identifier.doi10.1596/1813-9450-6812
dc.identifier.urihttps://hdl.handle.net/10986/17727
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6812
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS OF MIGRANTS
dc.subjectACCESS TO FINANCIAL SERVICES
dc.subjectAMERICAN DEVELOPMENT BANK
dc.subjectARMED _CONFLICT
dc.subjectARMED CONFLICT
dc.subjectARMED CONFLICTS
dc.subjectBANK BRANCHES
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBARRIERS TO REMITTANCES
dc.subjectBRAIN DRAIN
dc.subjectBULLETIN
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOWS
dc.subjectCENTRAL BANK
dc.subjectCHECKS
dc.subjectCITIZENSHIP
dc.subjectCOMMODITY PRICES
dc.subjectCOMMUNITIES OF MIGRANTS
dc.subjectCOUNTRY OF ORIGIN
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT MARKETS
dc.subjectCYCLICAL FLUCTUATIONS
dc.subjectCYCLICAL MOVEMENTS
dc.subjectDATA ON REMITTANCES
dc.subjectDEBT STOCKS
dc.subjectDETERMINANTS OF REMITTANCES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT POLICY
dc.subjectDIASPORA
dc.subjectDISTRIBUTION OF REMITTANCES
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC CREDIT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HARDSHIP
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC SHOCKS
dc.subjectEFFECT OF REMITTANCES
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKETS
dc.subjectEMIGRANT REMITTANCES
dc.subjectEMIGRATION
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectENDOGENOUS VARIABLES
dc.subjectEXCHANGE RATES
dc.subjectEXOGENOUS INCOME
dc.subjectEXPENDITURE
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCE
dc.subjectEXTERNAL SHOCKS
dc.subjectFAMILIES
dc.subjectFAMILY LOANS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL FLOW
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEM
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectGENDER
dc.subjectGEOGRAPHIC DISPERSION
dc.subjectGLOBAL REMITTANCES
dc.subjectGLOBALIZATION
dc.subjectGROWTH RATE
dc.subjectGROWTH VOLATILITY
dc.subjectHOME COUNTRIES
dc.subjectHOME COUNTRY
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOUSEHOLD WEALTH
dc.subjectHUMAN CAPITAL
dc.subjectIMMIGRATION
dc.subjectIMMIGRATION POLICIES
dc.subjectIMMIGRATION POLICY
dc.subjectIMPACT OF REMITTANCES
dc.subjectINCOME LEVEL
dc.subjectINCOME LEVELS
dc.subjectINCOME SHOCKS
dc.subjectINCREASE IN REMITTANCES
dc.subjectINFORMAL CHANNELS
dc.subjectINHERITANCE
dc.subjectINSTRUMENTAL VARIABLES
dc.subjectINSURANCE
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE DIFFERENTIALS
dc.subjectINTERNATIONAL ASSISTANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEBT
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL MIGRATION
dc.subjectINTERNATIONAL MONETARY FUND
dc.subjectINTERNATIONAL REMITTANCES
dc.subjectINTERNATIONAL TRANSFERS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectLIMITED ACCESS
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectLOCAL BANK
dc.subjectLOCAL CAPACITY
dc.subjectLOCAL ECONOMIES
dc.subjectLOW INCOME
dc.subjectLOW INCOME COUNTRIES
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC DETERMINANTS
dc.subjectMACROECONOMIC FLUCTUATIONS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMICS
dc.subjectMARKET STRUCTURE
dc.subjectMIDDLE INCOME
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMIGRANT
dc.subjectMIGRANT COMMUNITIES
dc.subjectMIGRANT REMITTANCES
dc.subjectMIGRANT WORKERS
dc.subjectMIGRANTS
dc.subjectMIGRATION
dc.subjectMONETARY FUND
dc.subjectMONEY TRANSFER
dc.subjectMONEY TRANSFER OPERATORS
dc.subjectNATIVE WORKERS
dc.subjectNATURAL DISASTERS
dc.subjectNEGATIVE SHOCK
dc.subjectNEGATIVE SHOCKS
dc.subjectNUMBER OF MIGRANTS
dc.subjectOFFICIAL DEVELOPMENT ASSISTANCE
dc.subjectOPEN ECONOMIES
dc.subjectOUTPUT VOLATILITY
dc.subjectPEACE
dc.subjectPOLICY DISCUSSIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIO
dc.subjectPOSITIVE COEFFICIENT
dc.subjectPOSTAL SYSTEM
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE DEBT
dc.subjectPRIVATE SECTOR
dc.subjectPROGRESS
dc.subjectREAL ESTATE
dc.subjectREAL EXCHANGE RATE
dc.subjectRECESSION
dc.subjectRECESSIONS
dc.subjectRECIPIENT COUNTRIES
dc.subjectRECIPIENT COUNTRY
dc.subjectRECIPIENT HOUSEHOLDS
dc.subjectRECIPIENT OF REMITTANCES
dc.subjectRECIPIENTS OF REMITTANCES
dc.subjectREGRESSION COEFFICIENTS
dc.subjectREMITTANCE
dc.subjectREMITTANCE CHANNELS
dc.subjectREMITTANCE CORRIDOR
dc.subjectREMITTANCE CORRIDORS
dc.subjectREMITTANCE DATA
dc.subjectREMITTANCE FLOWS
dc.subjectREMITTANCE INFLOWS
dc.subjectREMITTANCE OUTFLOWS
dc.subjectREMITTANCE TRANSFER
dc.subjectREMITTANCE TRANSFERS
dc.subjectREMITTANCES
dc.subjectREMITTERS
dc.subjectRESERVES
dc.subjectRESPECT
dc.subjectRETURN
dc.subjectREVIEW OF ECONOMICS
dc.subjectROLE OF REMITTANCES
dc.subjectSAVINGS
dc.subjectSEND REMITTANCES
dc.subjectSHARE OF CREDIT
dc.subjectSKILLED MIGRANTS
dc.subjectSMALL BUSINESSES
dc.subjectSOCIAL RESEARCH
dc.subjectSPECIFIC REMITTANCE
dc.subjectSTANDARD DEVIATION
dc.subjectSTANDARD ERRORS
dc.subjectSTOCKS
dc.subjectSTRUCTURAL CHARACTERISTICS
dc.subjectTEMPORARY WORKERS
dc.subjectTRAINING CENTRE
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSFER COSTS
dc.subjectTRANSFER SERVICES
dc.subjectUNDOCUMENTED MIGRANTS
dc.subjectUNEMPLOYMENT
dc.subjectVULNERABILITY
dc.subjectWORKER REMITTANCES
dc.subjectWORKERS REMITTANCES
dc.titleRemittances and Vulnerability in Developing Countriesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleRemittances and Vulnerability in Developing Countries
okr.date.disclosure2014-03-01
okr.date.doiregistration2025-04-10T11:35:02.229334Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/03/19272414/remittances-vulnerability-developing-countries
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeHealth, Nutrition, and Population
okr.guid426951468182340650
okr.identifier.doi10.1596/1813-9450-6812
okr.identifier.externaldocumentum000158349_20140320161200
okr.identifier.internaldocumentum19272414
okr.identifier.reportWPS6812
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/03/20/000158349_20140320161200/Rendered/PDF/WPS6812.pdfen
okr.region.administrativeEast Asia and Pacific
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicMacroeconomics and Economic Growth::Remittances
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitOffice of the Chief Economist, East Asia and the Pacific Region
okr.volume1 of 1
relation.isAuthorOfPublication3db4e191-510a-5f4d-aa27-2acebcbdb98e
relation.isAuthorOfPublication.latestForDiscovery3db4e191-510a-5f4d-aa27-2acebcbdb98e
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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