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Title:Worker Remittances and Capital Flows to Developing Countries PDF Logo
Authors:Kuckulenz, Anja
Buch, Claudia M.
Issue Date:2004
Series/Report no.:ZEW Discussion Papers 04-31
Abstract:Worker remittances constitute an increasingly important mechanism for the transfer of resources from developed to developing countries, and remittances are the second-largest source, behind foreign direct investment, of external funding for developing countries. Yet, literature on worker remittances has so far focused mainly on the impact of remittances on income distribution within countries, on the determinants of remittances at a micro-level, or on the effects of migration and remittances for specific countries or regions. The focus of this paper is thus on four questions: First, how important are worker remittances to developing countries in quantitative terms? Second, what are the determinants driving worker remittances? Third, how volatile are worker remittances to developing countries? Fourth, are remittances correlated to other capital flows?
Subjects:remittances
capital flows
developing countries
JEL:F36
F22
J61
Document Type:Working Paper
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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