Kugler, Maurice - BANCO DE LA REPÚBLICA - 2006
In this paper we model the e¤ect of migrant remittances on job creation and human capital formation, given migration … prospects. Model calibration of deep parameters was performed with data from the AMCO survey on migration and remittances. The … simulations based on the model show that remittances can have o¤setting e¤ects on equilibrium human capital and labor market out …