Remittances: Transaction Costs, Determinants, and Informal Flows

Recorded workers' remittances to developing countries have grown rapidly, to more than $100 billion in 2004, bringing increasing attention to these flows as a potential tool for development. But even these statistics are likely to significantly understate true remittances, as a large share is b...

Full description

Bibliographic Details
Main Authors:	Freund, Caroline, Spatafora, Nikola
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS BASE YEAR CASH TRANSFERS CENTRAL BANK CENTRAL BANKS COST OF LIVING CURRENCY DATA COLLECTION DEMAND DEPOSITS DEPENDENT VARIABLE DEPOSIT ACCOUNTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DUAL EXCHANGE RATES EARNINGS ECONOMIC RESTRICTIONS ECONOMIES OF SCALE ELASTICITIES ELASTICITY EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EXCHANGE RATE EXCHANGE RATE RISK EXCHANGE RATES EXCHANGE SYSTEMS FINANCIAL CRISIS FINANCIAL SECTOR FINANCIAL SERVICES FOREIGN EXCHANGE GDP HIGH INCOME HOUSEHOLD DATA HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INCOME COUNTRIES INCREASED ACCESS INFORMAL ECONOMY INFORMAL FLOWS INFORMAL SECTOR INFORMAL SECTORS LATIN AMERICAN LOW INCOME LOW INCOME COUNTRIES MARKET EXCHANGE MONEY DEMAND MONEY TRANSFERS NATIONAL ACCOUNTS NATIONAL AUTHORITIES OUTPUT OUTPUT PER CAPITA PER-CAPITA INCOME POLICY MAKERS POLICY RESEARCH POSITIVE EXTERNALITIES PRODUCTIVITY REDUCING COSTS REMITTANCES REPRESENTATIVE SAMPLE REPRESENTATIVE SURVEY RETURNS TO SCALE RISK NEUTRAL SAVINGS SERVICE PROVIDERS SUB-SAHARAN AFRICA TAX RATES TAXATION TRANSACTION COSTS TRANSACTIONS COSTS VOLATILITY WAGES
Online Access:	http://documents.worldbank.org/curated/en/2005/09/6259415/remittances-transaction-costs-determinants-informal-flows http://hdl.handle.net/10986/8293

Internet

http://documents.worldbank.org/curated/en/2005/09/6259415/remittances-transaction-costs-determinants-informal-flows
http://hdl.handle.net/10986/8293

Remittances: Transaction Costs, Determinants, and Informal Flows

Internet

Similar Items