http://www.thejournalofbusiness.org/index.php/site 1 Macroeconomic Determinants of Migrants’ Remittances: Evidence from a Panel of Developing Countries Safaa Tabit 1 , Charaf-Eddine Moussir 2 ABSTRACT This work aims to assess the various macroeconomic determinants of migrants’ remittances for a panel of  developing countries highly dependent observed over the period  to . The results underline the importance of the origin country’s GDP, the host country’s GDP, inflation, financial development and institutional quality as major determinants of personal remittances. (owever, the migrant stock, the official exchange rate and the real interest rate in the country of origin do not have a significant influence on remittances received by the panel considered. Keywords: Developing countries, international migration, panel data, remittances. JEL Codes: C23, F22, F24, O10. Available Online: --. This is an open access article under Creative Commons Attribution . License, . 1.0 INTRODUCTION The consequences generated by international migration arouse considerable debate, both in the migrants' countries of origin and the host countries. This is due to its multidimensional character, which affects several aspects. The fact that the majority of international migrants are from developing countries doesn’t make migration a North-South phenomenon. In fact, nearly half of reported migrants move from one developing country to another. )n , according to the World Bank’s estimates,  per cent of the world's population lived outside their country of origin and transferred approximately $493 billion 3 . Developing countries deserve special attention since they receive more than  per cent of remittances’ flows. 1 Department of Economics, Mohammed V Rabat –Agdal University, Faculty of Juridical, Economic and Social Sciences, Morocco. E-mail: safaa.tabit@gmail.com 2 Department of Economics, Mohammed V Rabat –Agdal University, Faculty of Juridical, Economic and Social Sciences, Morocco. E-mail: charafmoussir92@gmail.com 3 ’s migrant remittances by areas are reported in appendix A International Journal of Business and Social Research Volume 06, Issue 07, 2016