This paper analyses the remittance behaviour of two cohorts of migrants who entered Australia before and after a policy change implemented in the 1990s, which tightened the entry requirements for a subgroup of applicants. We use a mix of a conditional difference-in-differences and OLS estimator...

By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light on the important hypothesis of smoothing. The smoothing hypothesis is that remittances are countercyclical with respect to income in the worker's country of origin (the...

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital".