Do remittances promote financial development

By Rajesh K. Aggarwal, Asli Demirgüç-Kunt, María Soledad Martínez Pería. 2011

670 citations recorded by the source corpus.

Subfields: Information Systems, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/73cf3d9234b6ed24aa83448d97cdba07b5a5818c

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Citations in the corpus

Migrants’ Remittances and Financial Development: Macro‐ and Micro‐Level Evidence of a Perverse Relationship (2013, background): “A first obvious concern with the parsimonious specification estimated in column 1 is that it does not account for various other macroeconomic factors that the previous literature has employed to explain financial development (see inter alia Chinn and Ito, 2006; Aggarwal et al., 2011).”
Does too much finance harm economic growth (2014, background): “, 2009; Law, 2009), remittances (Aggarwal et al. 2011; Demirgüç-Kunt et al. 2011), institutions (Law and Azman-Saini, 2012, Law et al.”
Remittances, growth and poverty: New evidence from Asian countries (2014, methodology): “Aggarwal et al. (2011) assess the impact of remittances on financial sector development (measured as share of bank deposits or the ratio of bank credit to the private sector expressed as a percentage of GDP) using data for 109 countries over the period 1975-2007.”
Remittances and Financial Inclusion : Evidence from El Salvador (2011, positive): “4 This is a significant concern in the study by Aggarwal et al. (2011) that uses balance of payment data on remittances.”
Information Asymmetry and Financial Development Dynamics in Africa (2016, neutral): “Fifth, analogous to remittances (Aggarwal et al., 2011; Efobi et al., 2014 ), foreign aid that is spent in recipient countries and not captured by consultancy services in advanced nations is more likely to boost financial development.”
Financial development dynamic thresholds of financial globalization: Evidence from Africa (2012, background): “Like remittances (Aggarwal et al., 2011) foreign aid not tainted by corrupt practices and effectively used at the micro economic level could improve”