Publication:
Remittances and Vulnerability in Developing Countries

creativeworkseries.issn1564-698X
dc.contributor.authorBettin, Giulia
dc.contributor.authorPresbitero, Andrea F.
dc.contributor.authorSpatafora, Nikola L.
dc.date.accessioned2018-08-03T17:13:29Z
dc.date.available2018-08-03T17:13:29Z
dc.date.issued2017-02
dc.description.abstractThis paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in recipient economies. We exploit a novel, rich panel data set, covering bilateral remittances from 103 Italian provinces to seventy-nine developing countries over the period 2005–2011. We find that remittances are negatively correlated with the business cycle in recipient countries and in particular increase in response to adverse exogenous shocks, such as large terms-of-trade declines. This effect is stronger where the migrant communities have a larger share of newly arrived migrants. Finally, we show that recipient-country financial development is negatively associated with remittances, suggesting that remittances help alleviate credit constraints.en
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/30126
dc.identifier.issn1564-698X
dc.identifier.urihttps://hdl.handle.net/10986/30126
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectREMITTANCES
dc.subjectSHOCKS
dc.subjectBUSINESS CYCLES
dc.subjectVULNERABILITY
dc.subjectACCESS TO FINANCE
dc.subjectFINANCIAL SERVICES
dc.subjectBANKING SYSTEM
dc.subjectCAPITAL FLOWS
dc.subjectCOMMODITY PRICES
dc.subjectBANKS
dc.subjectDEBT
dc.subjectDOMESTIC CREDIT
dc.subjectEXCHANGE RATES
dc.titleRemittances and Vulnerability in Developing Countriesen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crossref.titleRemittances and Vulnerability in Developing Countries
okr.date.disclosure2018-08-01
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.identifier.doi10.1093/wber/lhv053
okr.identifier.doi10.1596/30126
okr.journal.nbpages1-23
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.administrativeAfrica
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeEurope and Central Asia
okr.region.administrativeLatin America and Caribbean
okr.region.administrativeMiddle East and North Africa
okr.region.administrativeSouth Asia
okr.region.countryItaly
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Remittances
okr.topicPoverty Reduction::Migration and Development
okr.unitEAP
okr.volume31(1)
relation.isJournalIssueOfPublication0c38fde5-4e44-47e3-845f-ddbb419f9658
relation.isJournalIssueOfPublication.latestForDiscovery0c38fde5-4e44-47e3-845f-ddbb419f9658
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication8762f705-3f8b-491a-8613-25e8d1634b11
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