TY  - BOOK
AU  - Lopez,Humberto
AU  - Acosta,Pablo
AU  - Calderon,Cesar
AU  - Fajnzylber,Pablo
AU  - Lopez,Humberto
TI  - What Is the Impact of International Remittances On Poverty and Inequality in Latin America ?
PY  - 2007///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Debt Markets
KW  - Developing countries
KW  - Finance and Financial Sector Development
KW  - Health, Nutrition and Population
KW  - Inequality
KW  - Macroeconomics and Economic Growth
KW  - Migrants
KW  - Official development assistance
KW  - Policy Research
KW  - Policy Research Working Paper
KW  - Population Policies
KW  - Poverty Reduction
KW  - Practitioners
KW  - Progress
KW  - Rates of growth
KW  - Remittance
KW  - Remittances
KW  - Rural Development
KW  - Rural Poverty Reduction
N2  - 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 of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-4249
ER  -