Workers' Remittances An Overlooked Channel of International Business Cycle Transmission?
| Author/creator | Barajas, Adolfo Author |
| Other author | Chami, Ralph Author |
| Other author | Ebeke, Christian Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 25 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation 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 role of the remittances channel. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781475563764 |
| ISBN | 1475563760 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |