Titre : | Remittances and Household Consumption Instability in Developing Countries |
Auteurs : | Jean-Louis Combes ; Christian Hubert Ebeke |
Type de document : | Working Paper |
Editeur : | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi), 2010 |
Collection : | Études et Documents Cerdi, ISSN 2114-7957, num. 15 |
Langues: | Anglais |
Catégories : |
[Eurovoc] ÉCONOMIE > situation économique > développement économique > pays en développement [JEL] D - Microéconomie > D0 - Généralités > D02 - Institutions : conception, formation et fonctionnement [JEL] D - Microéconomie > D6 – Économie du bien-être > D64 - Altruisme |
Tags : | Remittances ; consumption instability ; Financial Development ; shocks ; threshold effects |
Résumé : | This paper analyzes the impact of remittances on household consumption instability in developing countries on a large panel of developing countries. The four main results are the following: Firstly, remittances significantly reduce household consumption instability. Secondly, the insurance role played by remittances is highlighted: remittances dampen the effect of various sources of consumption instability in developing countries (natural disasters, agricultural shocks, discretionary fiscal policy). Thirdly, the insurance role played by remittances is more important in less financially developed countries. Fourthly, the overall stabilizing effect of remittances is mitigated when remittances over GDP exceed 8.5%. |
En ligne : | https://halshs.archives-ouvertes.fr/halshs-00552245 |
Documents numériques (1)
https://halshs.archives-ouvertes.fr/halshs-00552245/file/2010.15.pdf URL |