How does financial development influence the impact of remittances on growth volatility

@inproceedings{Ahamada2011HowDF,
  title={How does financial development influence the impact of remittances on growth volatility},
  author={Ibrahim Ahamada and Dramane Coulibaly},
  year={2011}
}
This paper empirically examines how financial development influences the impact of remittances on GDP growth volatility. This empirical study is conducted using the panel smooth transition regression (PSTR) approach. The results show that the impact of remittances on GDP growth volatility is nonlinear and changes over time and across countries in function of financial development. More precisely, a high level of financial development helps remittances to have a high stabilizing impact… CONTINUE READING
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