Rainfall, Financial Development, and Remittances: Evidence from Sub-Saharan Africa

Jul 01, 2011 | R. Arezki, M. Brückner | IMF
This paper uses annual variation in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 42 Sub-Saharan African countries during the period 1960-2007.
Theme: Remittances, Financial Inclusion | Pages: 21