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Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines

Dean Yang and HwaJung Choi.

in The World Bank Economic Review

June 2007; p ublished online May 2007 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; International Factor Movements and International Business; International Finance; Economic Development. 10719 words.

Do remittances sent by overseas migrants serve as insurance for recipient households? In a study of how remittances from overseas respond to income shocks experienced by Philippine...

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Counterpart funding requirements and the foreign aid procyclicality puzzle

Stéphane Pallage and Michel A. Robe.

in Oxford Review of Economic Policy

January 2015; p ublished online December 2015 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Economic Development; International Financial Markets; Prices, Business Fluctuations, and Cycles; International Finance. 10332 words.

Official development assistance is a key source of external finance in many developing countries. A striking feature of these aid flows is their positive correlation with business cycles in...

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