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  • 1
    Online Resource
    Online Resource
    [Washington, D.C.] : International Monetary Fund
    UID:
    gbv_1025528379
    Format: 1 Online-Ressource (circa 21 Seiten) , Illustrationen
    ISBN: 9781484361634
    Series Statement: IMF working paper WP/18, 136
    Content: The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest
    Additional Edition: Erscheint auch als Druck-Ausgabe Koczan, Zsoka How Do Migration and Remittances Affect Inequality? A Case Study of Mexico Washington, D.C. : International Monetary Fund, 2018 ISBN 9781484361634
    Language: English
    Keywords: Graue Literatur
    URL: Volltext  (kostenfrei)
    URL: Volltext  (kostenfrei)
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  • 2
    UID:
    edoccha_9959301363502883
    Format: 1 online resource (81 pages).
    ISBN: 1-4843-0626-0 , 1-4843-0655-4
    Series Statement: IMF Working Papers
    Content: Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration, remittance flows play key financing and stabilizing roles in Central America and the Caribbean. They facilitate private consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without strong evidence for harmful competitiveness effects through shifts in the real exchange rate.
    Additional Edition: ISBN 1-4843-0364-4
    Language: English
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  • 3
    UID:
    edocfu_9959301363502883
    Format: 1 online resource (81 pages).
    ISBN: 1-4843-0626-0 , 1-4843-0655-4
    Series Statement: IMF Working Papers
    Content: Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration, remittance flows play key financing and stabilizing roles in Central America and the Caribbean. They facilitate private consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without strong evidence for harmful competitiveness effects through shifts in the real exchange rate.
    Additional Edition: ISBN 1-4843-0364-4
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 4
    UID:
    edoccha_9959301366202883
    Format: 1 online resource (54 pages).
    ISBN: 1-4843-2702-0 , 1-4843-2704-7
    Series Statement: IMF Working Papers
    Content: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.
    Additional Edition: ISBN 1-4843-2657-1
    Language: English
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  • 5
    UID:
    edocfu_9959301366202883
    Format: 1 online resource (54 pages).
    ISBN: 1-4843-2702-0 , 1-4843-2704-7
    Series Statement: IMF Working Papers
    Content: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.
    Additional Edition: ISBN 1-4843-2657-1
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 6
    Online Resource
    Online Resource
    Washington, D.C. :International Monetary Fund,
    UID:
    edoccha_9959310611402883
    Format: 1 online resource (22 pages)
    ISBN: 1-4843-6343-4 , 1-4843-6346-9
    Series Statement: IMF Working Papers
    Content: The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.
    Note: Cover -- Contents -- Abstract -- I. Introduction -- II. Literature Review -- III. Data -- IV. Migration From Mexico -- V. Estimation Strategy -- VI. Results -- A. Who Receives Remittances? -- B. Do The Determinants Of Remittances Vary Across The Income Distribution? -- C. What Does This Imply For Inequality? -- D. What Are The Effects Of The Crises? -- VII. Conclusions -- References -- Figures -- Figure 1. Migration and Remittances -- Figure 2. Remittances before, during and after the Peso Crisis -- Figure 3. Remittances before, during and after the Global Financial Crisis -- Figure 4. Gini coefficients -- Figure 5. Crisis Effects -- Tables -- Table 1. Demographic Characteristics of Mexican Immigrants in the United States -- Table 2. Characteristics of Remittance-Receiving and Non-Remittance-Receiving Households -- Table 3. Determinants of Remittances by Decile -- Before, During and After the Peso Crisis -- Table 4. Determinants of Remittances by Decile -- Before, During and After the Global Financial Crisis -- Annex -- Annex Table 1. Determinants of Remittances by Decile, Heckman Two-Step Estimator, Global Financial Crisis.
    Additional Edition: ISBN 1-4843-6163-6
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 7
    Online Resource
    Online Resource
    Washington, D.C. :International Monetary Fund,
    UID:
    edocfu_9959310611402883
    Format: 1 online resource (22 pages)
    ISBN: 1-4843-6343-4 , 1-4843-6346-9
    Series Statement: IMF Working Papers
    Content: The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.
    Note: Cover -- Contents -- Abstract -- I. Introduction -- II. Literature Review -- III. Data -- IV. Migration From Mexico -- V. Estimation Strategy -- VI. Results -- A. Who Receives Remittances? -- B. Do The Determinants Of Remittances Vary Across The Income Distribution? -- C. What Does This Imply For Inequality? -- D. What Are The Effects Of The Crises? -- VII. Conclusions -- References -- Figures -- Figure 1. Migration and Remittances -- Figure 2. Remittances before, during and after the Peso Crisis -- Figure 3. Remittances before, during and after the Global Financial Crisis -- Figure 4. Gini coefficients -- Figure 5. Crisis Effects -- Tables -- Table 1. Demographic Characteristics of Mexican Immigrants in the United States -- Table 2. Characteristics of Remittance-Receiving and Non-Remittance-Receiving Households -- Table 3. Determinants of Remittances by Decile -- Before, During and After the Peso Crisis -- Table 4. Determinants of Remittances by Decile -- Before, During and After the Global Financial Crisis -- Annex -- Annex Table 1. Determinants of Remittances by Decile, Heckman Two-Step Estimator, Global Financial Crisis.
    Additional Edition: ISBN 1-4843-6163-6
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 8
    UID:
    gbv_1005028486
    Format: 1 Online-Ressource (circa 54 Seiten) , Illustrationen
    ISBN: 9781484326572
    Series Statement: IMF working paper WP/17, 230
    Content: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building
    Additional Edition: Erscheint auch als Druck-Ausgabe Beaton, Kimberly Problem Loans in the Caribbean: Determinants, Impact and Strategies for Resolution Washington, D.C. : International Monetary Fund, 2017 ISBN 9781484326572
    Language: English
    Keywords: Arbeitspapier ; Graue Literatur
    URL: Volltext  (kostenfrei)
    URL: Volltext  (kostenfrei)
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  • 9
    UID:
    gbv_896034143
    Format: 1 Online-Ressource (circa 82 Seiten) , Illustrationen
    ISBN: 9781484303641
    Series Statement: IMF working paper WP/17, 144
    Content: Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration, remittance flows play key financing and stabilizing roles in Central America and the Caribbean. They facilitate private consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without strong evidence for harmful competitiveness effects through shifts in the real exchange rate
    Additional Edition: Erscheint auch als Druck-Ausgabe Beaton, Kimberly Migration and Remittances in Latin America and the Caribbean: Engines of Growth and Macroeconomic Stabilizers? Washington, D.C. : International Monetary Fund, 2017 ISBN 9781484303641
    Language: English
    Keywords: Arbeitspapier ; Graue Literatur
    Library Location Call Number Volume/Issue/Year Availability
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