Series: IMF Working Papers
Author(s): Yasser Abdih , Ralph Chami , Christian Ebeke , and Adolfo Barajas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2012
Keywords: Instrumental variables, Panel data, remittance, tax revenue, fiscal impact, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)
This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for r...