Based on the economic theory of the family, this paper constructs a model of remittances where the migrant, besides sending money to his family, also invests in his home country. The investment is looked after by a family member in return for some monetary compensation. The model focuses on two...

Using a sample of 15 OECD countries, this paper investigates whether free trade agreements (FTAs) enhance R&D spillovers across national borders and if institutions play some role in affecting this knowledge diffusion process. Dynamic panel regressions employing advanced estimation technique...