01758cas a2200241 a 4500 AALejournalIMF003899 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863123 1018-5941 BD-DhAAL BD-DhAAL Sayan, Serdar. Business Cycles and Workers' Remittances : How Do Migrant Workers Respond to Cyclical Movements of GDP At Home? / Serdar Sayan. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (21 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and different variables driving remittance behavior are differently affected by the state of economic activity over the business cycle. This paper investigates the behavior of workers' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that countercyclicality of receipts is not commonly observed across these countries. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/052 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/052/001.2006.issue-052-en.xml IMF e-Library