Do Workers' Remittances Reduce the Probability of Current Account Reversals?

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Effect of Remittances on Poverty and Financial Development in Sub-Saharan Africa (2009, background): “Relative to GDP, too, the volume of remittances to sub-Saharan Africa is generally smaller than in other developing countries.”
Impact of Migration on Economic and Social Development: A Review of Evidence and Emerging Issues (2011, background): “Because they are a large and stable source of foreign currency, remittances are likely to curtail investor panic and prevent sudden current account reversals during a crisis (Bugamelli & Paterno 2006, Gupta et al. 2007).”