01814cas a2200241 a 4500 AALejournalIMF018536 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484360125 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Guatemala : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (88 pages) IMF Staff Country Reports <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 This Selected Issues paper analyzes remittances and households' behavior in Guatemala. Remittances are a structural feature of the Guatemala economy. In 2017, remittance flows accounted for over 11 percent of GDP and benefitted over 1.5 million of Guatemalan households. The effects of remittances on the labor supply are estimated. There is no evidence of remittance-induced work disincentives. The results suggest that the labor supply for members of remittance-receiving households is relatively more elastic, most markedly so for the 41-65 age group: a one percent increase in weekly wages leads to a 0.5 percent increase in weekly hours worked for members of remittance-receiving households, versus 0.2 percent increase for non-remittance-receiving households. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/155 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/155/002.2018.issue-155-en.xml IMF e-Library