Do Remittance Flows Stabilize Developing Countries in the aftermath of Sovereign Defaults?

Remittances are transfers of money by foreign workers to their home countries. These remittance flows have been considered a very important source of finance for many developing countries accounting between 5-40% of the recipient country's GDP. This paper empirically examines whether remittance...

Full description

Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 39-2016)
Main Author:	Machasio, Immaculate
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2016
Subjects:	Remittances Wirtschaft Sovereign Defaults Capital Flows Generalised Methods of Moments. Economics
Online Access:	PDF Full Text
Tags:	Add Tag No Tags, Be the first to tag this record!