Business Cycles and Workers' Remittances: How Do Migrant Workers Respond to Cyclical Movements of Gdp at Home?

Author:   Serdar Sayan (TOBB University of Economics and Technology, Turkey)
Publisher:   International Monetary Fund
ISBN:  

9781283515900


Pages:   21
Publication Date:   01 January 2006
Format:   Electronic book text
Availability:   In stock   Availability explained
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Business Cycles and Workers' Remittances: How Do Migrant Workers Respond to Cyclical Movements of Gdp at Home?


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Overview

Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and different variables driving remittance behavior are differently affected by the state of economic activity over the business cycle. This paper investigates the behavior of workers' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that countercyclicality of receipts is not commonly observed across these countries.

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Author:   Serdar Sayan (TOBB University of Economics and Technology, Turkey)
Publisher:   International Monetary Fund
Imprint:   International Monetary Fund
ISBN:  

9781283515900


ISBN 10:   1283515903
Pages:   21
Publication Date:   01 January 2006
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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