Remittance Concentration and Volatility: Evidence from 72 Developing Countries
IMF Working Papers, January 17, 2020
Source details
- Canonical URL
- Remittance Concentration and Volatility: Evidence from 72 Developing Countries
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Bibliographic details
- Authors: Amr Hosny
- Published: January 17, 2020
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781513525884.001
Research question and scope
- Objective: Introduce and quantify the role of geographic concentration of the source of remittances in recipient-country economic volatility.
- Sample and period: Data over 2010-2015 for 72 developing countries.
- Publication: IMF Working Paper No. 2020/015; Pages: 22; Issue: 015; Volume: 2020.
Key findings
- Large remittances:
- Finding: Large remittances can be stabilizing on average.
- Geographic concentration of remittance sources:
- Finding: High remittance concentration from source countries can aggravate economic volatilities in recipient countries.
- Robustness:
- Results are robust to global shocks affecting both source and recipient countries.
- Results are robust to volatility in the remittance-sending country.
Subject areas and keywords
- Subjects: Balance of payments, Exchange rate adjustments, Exchange rates, Foreign exchange, Imports, International trade, Oil prices, Prices, Remittances.
- Keywords: developing countries, Exchange rate adjustments, Exchange rates, Global, Imports, large remittance, Oil prices, real GDP, remittance, remittance concentration, remittance flow, remittance FX inflow, remittance inflow, remittance-concentration dummy, Remittances, volatility, WP.
Publication identifiers
- DOI: https://doi.org/10.5089/9781513525884.001
- Stock No: WPIEA2020015
- ISBN: 9781513525884
- ISSN: 1018-5941
Source: IMF Working Papers — "Remittance Concentration and Volatility: Evidence from 72 Developing Countries" by Amr Hosny, January 17, 2020.
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- Working Paper