Determinants of Bilateral Remittance Flows
AbstractThis paper explores the determinants of workers remittances using a novel dataset of bilateral remittance flows. The paper finds that some of the variables commonly used in gravity equations are very powerful in explaining remittance flows. The evidence on the motives to remit is mixed, but altruism may be less of factor than commonly believed. Most strikingly, remittances do not seem to increase in the wake of a natural disaster and appear aligned with the business cycle in the home country, suggesting that remittances may not play a major role in limiting vulnerability to shocks. To encourage remittances and maximize their economic impact, policies should be directed at reducing transaction costs, promoting financial sector development, and improving the business climate.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by De Gruyter in its journal The B.E. Journal of Macroeconomics.
Volume (Year): 8 (2008)
Issue (Month): 1 (October)
Contact details of provider:
Web page: http://www.degruyter.com
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Frédéric Docquier & Hillel Rapoport & Sara Salomone, 2011.
"Remittances, Migrants' Education and Immigration Policy: Theory and Evidence from Bilateral Data,"
CReAM Discussion Paper Series
1119, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Docquier, Frédéric & Rapoport, Hillel & Salomone, Sara, 2012. "Remittances, migrants' education and immigration policy: Theory and evidence from bilateral data," Regional Science and Urban Economics, Elsevier, vol. 42(5), pages 817-828.
- Docquier, Frédéric & Rapoport, Hillel & Salomone, Sara, 2011. "Remittances, Migrants' Education and Immigration Policy: Theory and Evidence from Bilateral Data," IZA Discussion Papers 6104, Institute for the Study of Labor (IZA).
- Frédéric Docquier & Hillel Rapoport & Sara Salomone, 2011. "Remittances, Migrants’ Education and Immigration Policy: Theory and Evidence from Bilateral Data," Working Papers 2011-27, Department of Economics, Bar-Ilan University.
- Frédéric DOCQUIER & Hillel RAPOPORT & Sara SALOMONE, 2011. "Remittances, Migrants’Education and Immigration Policy: Theory and Evidence from Bilateral Data," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2011012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Jeffrey Frankel, 2011.
"Are Bilateral Remittances Countercyclical?,"
Open Economies Review,
Springer, vol. 22(1), pages 1-16, February.
- Frankel, Jeffrey, 2010. "Are Bilateral Remittances Countercylical?," Working Paper Series rwp10-037, Harvard University, John F. Kennedy School of Government.
- Jeffrey A. Frankel, 2009. "Are Bilateral Remittances Countercyclical?," NBER Working Papers 15419, National Bureau of Economic Research, Inc.
- Frankel, Jeffrey A., 2010. "Are Bilateral Remittances Countercyclical?," Scholarly Articles 4450131, Harvard Kennedy School of Government.
- Balli, Faruk & Guven, Cahit & Balli, Hatice O. & Gounder, Rukmani, 2010. "The Role of Institutions, Culture, and Wellbeing in Explaining Bilateral Remittance Flows: Evidence Both Cross-Country and Individual-Level Analysis," MPRA Paper 29609, University Library of Munich, Germany.
- Dilip Ratha & Sanket Mohapatra & Ani Silwal, 2009. "Migration and Remittance Trends 2009 : A Better-Than-Expected Outcome So Far, But Significant Risks Ahead," World Bank Other Operational Studies 10958, The World Bank.
- Bettin, Giulia & Lucchetti, Riccardo & Zazzaro, Alberto, 2012.
"Endogeneity and sample selection in a model for remittances,"
Journal of Development Economics,
Elsevier, vol. 99(2), pages 370-384.
- Giulia BETTIN & Riccardo LUCCHETTI & Alberto ZAZZARO, 2011. "Endogeneity and sample selection in a model for remittances," Working Papers 361, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.