Publication: Remittances and Vulnerability in Developing Countries
creativeworkseries.issn | 1564-698X | |
dc.contributor.author | Bettin, Giulia | |
dc.contributor.author | Presbitero, Andrea F. | |
dc.contributor.author | Spatafora, Nikola L. | |
dc.date.accessioned | 2018-08-03T17:13:29Z | |
dc.date.available | 2018-08-03T17:13:29Z | |
dc.date.issued | 2017-02 | |
dc.description.abstract | This 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.citation | World Bank Economic Review | |
dc.identifier.doi | 10.1596/30126 | |
dc.identifier.issn | 1564-698X | |
dc.identifier.uri | https://hdl.handle.net/10986/30126 | |
dc.publisher | Published by Oxford University Press on behalf of the World Bank | |
dc.relation.ispartofseries | World Bank Economic Review | |
dc.rights | CC BY-NC-ND 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/igo | |
dc.subject | REMITTANCES | |
dc.subject | SHOCKS | |
dc.subject | BUSINESS CYCLES | |
dc.subject | VULNERABILITY | |
dc.subject | ACCESS TO FINANCE | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | BANKING SYSTEM | |
dc.subject | CAPITAL FLOWS | |
dc.subject | COMMODITY PRICES | |
dc.subject | BANKS | |
dc.subject | DEBT | |
dc.subject | DOMESTIC CREDIT | |
dc.subject | EXCHANGE RATES | |
dc.title | Remittances and Vulnerability in Developing Countries | en |
dc.type | Journal Article | en |
dc.type | Article de journal | fr |
dc.type | ArtÃculo de revista | es |
dspace.entity.type | Publication | |
okr.crossref.title | Remittances and Vulnerability in Developing Countries | |
okr.date.disclosure | 2018-08-01 | |
okr.doctype | Publications & Research::Journal Article | |
okr.doctype | Publications & Research | |
okr.identifier.doi | 10.1093/wber/lhv053 | |
okr.identifier.doi | 10.1596/30126 | |
okr.journal.nbpages | 1-23 | |
okr.language.supported | en | |
okr.peerreview | Academic Peer Review | |
okr.region.administrative | Africa | |
okr.region.administrative | East Asia and Pacific | |
okr.region.administrative | Europe and Central Asia | |
okr.region.administrative | Latin America and Caribbean | |
okr.region.administrative | Middle East and North Africa | |
okr.region.administrative | South Asia | |
okr.region.country | Italy | |
okr.topic | Finance and Financial Sector Development::Banks & Banking Reform | |
okr.topic | Finance and Financial Sector Development::Debt Markets | |
okr.topic | Macroeconomics and Economic Growth::Economic Conditions and Volatility | |
okr.topic | Macroeconomics and Economic Growth::Remittances | |
okr.topic | Poverty Reduction::Migration and Development | |
okr.unit | EAP | |
okr.volume | 31(1) | |
relation.isJournalIssueOfPublication | 0c38fde5-4e44-47e3-845f-ddbb419f9658 | |
relation.isJournalIssueOfPublication.latestForDiscovery | 0c38fde5-4e44-47e3-845f-ddbb419f9658 | |
relation.isJournalOfPublication | c41eae2f-cf94-449d-86b7-f062aebe893f | |
relation.isJournalVolumeOfPublication | 8762f705-3f8b-491a-8613-25e8d1634b11 |