The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Are Immigrant Remittance Flows a Source of Capital for Development
Open accessAbstract
The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic uncertainty, there exists a significant moral hazard problem. The implication is that remittances have a negative effect on economic growth. We test this prediction using panel methods on a large sample of countries. The results indicate that remittances do have a negative effect on economic growth, which indicates that the moral hazard problem in remittances is severe.
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Becker, G. S. (1991) · doi:10.4159/9780674020665 · Cited by 10,565
Cited by
Are Immigrant Remittance Flows a Source of Capital for Development?
Chami, R., Fullenkamp, C., & Jahjah, S. (2005) · IMF Staff Papers · doi:10.2307/30035948 · Cited by 1,015
Self-citationRemittances, Household Expenditure and Investment in Guatemala
Adams, R. H., & Cuecuecha, A. (2010) · World Development · doi:10.1016/j.worlddev.2010.03.003 · Cited by 667
The impact of remittances on economic growth in Ghana: An ARDL bound test approach
Abdulai, A.-M. (2023) · Cogent Economics & Finance · doi:10.1080/23322039.2023.2243189 · Cited by 35
The Effects of Remittances on Economic Growth in West Africa
Adjei, M., Bo, Y., Nketiah, E., Adu-Gyamfi, G., & Obuobi, B. (2020) · Journal of Human Resource and Sustainability Studies · doi:10.4236/jhrss.2020.83018 · Cited by 22
Metadata
- Authors
- Jahjah, S., Chami, R., Fullenkamp, C., SJahjah@imf.org, RChami@imf.org, & CFullenkamp@imf.org
- Venue
- IMF Working Papers
- Publisher
- International Monetary Fund (IMF)
- Published
- 2003
- Volume
- 03
- Issue
- 189
- Pages
- 1
- ISSN
- 1018-5941 (ISSN-L)
- OpenAlex
- W2954994420
- Cited by
- 301
- References
- 1
- FWCI
- 39.84
- Type
- journal article
- Language
- en
- Open access
- bronze
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- Jahjah, S., Chami, R., Fullenkamp, C., SJahjah@imf.org, RChami@imf.org, & CFullenkamp@imf.org. (2003). Are Immigrant Remittance Flows a Source of Capital for Development. IMF Working Papers. https://doi.org/10.5089/9781451859638.001
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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