What is the impact of international remittances on poverty and inequality in Latin America ? Acosta, Pablo; Calderon, Cesar; Fajnzylber, Pablo; ...

User activity

Share to:
View the summary of this work
Acosta, Pablo ; Calderon, Cesar ; Fajnzylber, Pablo ; Lopez, Humberto
Emigrant remittances - Latin America - Econometric models.; Poverty - Latin America - Econometric models.; Equality - Latin America - Econometric models.
Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.
Work ID

User activity

e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this work

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this work

Add a comment

Show comments and reviews from Amazon users