Credit Quality in Developing Economies: Remittances to the Rescue?

Credit Quality in Developing Economies: Remittances to the Rescue?
This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing countries. Theoretical transmission channels include risk coping, exchange rate and growth impacts. Panel data estimates uncover the significant role of remittance inflows in reducing the size of NPLs in recipient economies.... READ MORE...

Publication date: August 2014
ISBN 9781498377911
$18.00

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