Hollowing Out the Middle? Remittances and Income Inequality in Nigeria

This paper investigates the impact of remittances on poverty and inequality in Nigeria. In contrast to the existing literature, our methodology of instrumental variable quantile regression (IVQR) explicitly demonstrates the differential marginal impact of remittances for households at different levels of the conditional expenditure distribution. Furthermore, in tracing this heterogeneous impact, we are able to address the effect of remittances...