The macroeconomics of migration and remittance flows
Understanding the role of international remittances in emerging economies
Developing economies face various economic shocks, such as fluctuations in commodity prices, natural disasters, sovereign debt crisis and reversals in current accounts. This research seeks to explore the role of international remittances in insuring emerging economies against such shocks. The study aims to understand how remittance flows vary with economic shocks in both domestic and foreign economies, and what the implications of these remittance flows are for macroeconomic and migration policies.