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What is the impact of international remittances on poverty and inequality in Latin America ? (English)

Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity...
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Acosta,Pablo Ariel; Calderon,Cesar; Fajnzylber,Pablo; Lopez,J. Humberto.

What is the impact of international remittances on poverty and inequality in Latin America ? (English). Policy, Research working paper ; no. WPS 4249 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/469351468046776545

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