We survey recent research on emerging markets (EM) within the fields of economics,
finance, international business and management. To do this, we reconfigure the Journal of …

Using data for El Salvador and Bayesian techniques, we develop and estimate a two-sector
dynamic stochastic general equilibrium model to analyze the effects of remittances on …

This paper examines how international remittances are affected by structural characteristics,
macroeconomic conditions, and adverse shocks in recipient economies. We exploit a novel …

We incorporate remittances and micro-entrepreneurship (self-employment) into a small
open economy business cycle model with capital and labor market frictions. Countercyclical …

As the debates about the recent global recession and the subsequent recovery have clearly
shown, our understanding of these questions has been very limited. This comprehensive …

Using data on border enforcement and macroeconomic indicators from the US and Mexico,
we estimate a two-country business cycle model of labor migration and remittances. The …

This paper analyzes the dynamic absorption of remittances at the macroeconomic level,
contrasting two possible effects on economic activity, depending on whether these accrue to …

Many developing countries are characterized by a large informal sector, and are also often
heavily dependent on remittance inflows from abroad. We develop a general equilibrium …

We examine the behaviour of remittances over the business cycle and their potential to act
as a 'stabilizer'during periods of high business cycle volatility. Two main findings are …

Financial flows from migrants and their descendants are at the heart of the relationship
between migration and development. There is little doubt that remittances are a large and …