Why Don't Remittances Appear to Affect Growth?

Although measured remittances by migrant workers have soared in recent years, macroeconomic studies have difficulty detecting their effect on economic growth. This paper reviews existing explanations for this puzzle and proposes three new ones. Fir...

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Bibliographic Details
Main Authors: Clemens, Michael A., McKenzie, David
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/05/19457668/dont-remittances-appear-affect-growth
http://hdl.handle.net/10986/18352