Remittances and Vulnerability in Developing Countries
IMF Working Papers, January 27, 2014
Source details
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- Remittances and Vulnerability in Developing Countries
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Bibliographic details
- Authors: Giulia Bettin, Andrea F Presbitero, Nikola Spatafora
- Published: January 27, 2014
- Series: IMF Working Papers
Summary findings
- The paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies.
- Remittances are negatively correlated with the business cycle in recipient countries.
- Remittances increase in response to adverse exogenous shocks, such as natural disasters or large declines in the terms of trade.
- Remittances are positively correlated with economic conditions in the source province.
- In the presence of similar negative shocks to both source and recipient economies, remittances remain counter-cyclical with respect to the recipient country.
Data and methods
- Novel, rich panel data set covering bilateral remittances from 103 Italian provinces to 107 developing countries.
- Time period covered: 2005-2011.
- Paper type: IMF Working Paper (Working Paper No. 2014/013).
- Pages: 33.
Subject areas and keywords
- Subject: Balance of payments, Business cycles, Economic growth, Financial crises, Financial markets, Financial sector development, Global financial crisis of 2008-2009, Migration, Natural disasters, Population and demographics, Remittances.
- Keywords: bilateral remittance, Business cycle, Business cycles, Financial sector development, Global, Global financial crisis of 2008-2009, Gravity model, Migration, remittance corridor, remittance inflow, Remittances, remittances outflow, Shocks, transfer cost, Vulnerability, WP.
Access and formats
- Available through IMF eLibrary in multiple formats.
- Options listed on the page include: Download PDF, More Formats on IMF eLibrary, Order a Print Copy, Create Citation, Share, Preview Citation, Copy.
- Preview citation format shown: Chicago — Giulia Bettin, Andrea F Presbitero, and Nikola Spatafora. "Remittances and Vulnerability in Developing Countries", IMF Working Papers 2014, 013 (2014), accessed 9/18/2026.
Content based on the IMF web landing page for "Remittances and Vulnerability in Developing Countries".