This study uses results from nationally-representative household surveys in 71 developing countries to analyze the impact of international migration and remittances on poverty in the developing world. Since international migration and remittances may be endogenous to poverty outcomes, the paper uses an instrumental variables approach. Results suggest that a 10 percent increase in international migration from a country will lead to a 2.2 percent decline in the poverty headcount, and a 10 percent increase in international remittances will lead to a 3.5 percent decline in the poverty headcount.

©2005 Elsevier