The failure of the Maastricht criteria delayed Estonia’s accession to the European Monetary Union (EMU) until January 2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time. In this study, the macroeconomic eff ects of...

Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international economic transactions such as migration or international trade flows by imposing hurdles for second language acquisition and increasing transaction costs. To measure these costs, we...

Linguistic distance, i.e. the dissimilarity between languages, is an important factor influencing international economic transactions such as migration or international trade flows by imposing hurdles for second language acquisition and increasing transaction costs. To measure these costs, we...

The failure of the Maastricht criteria delayed Estonia's accession to the European Monetary Union (EMU) until January 2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time. In this study, the macroeconomic effects of...

Research on the relationship between high-skilled migration and remittances has been limited by the lack of suitable microdata. We create a unique cross-country dataset by combining household surveys from five Sub-Saharan African countries that enables us to analyze the effect of migrants'...

In den zentralasiatischen Ländern Kirgistan und Tadschikistan müssen viele Erwachsene ihre Familien zeitweilig verlassen, um sich in anderen Regionen oder Ländern einen Arbeitsplatz zu suchen. Die Geldüberweisungen an die Familien stellen in beiden Ländern einen erheblichen wirtschaftlichen...

This paper examines the purpose of remittances using individual data of migrants in Germany. Particular attention is paid to migrants' savings and transfers to family members in the home country. Our findings indicate that migrants who intend to stay in Germany only temporarily have a higher...

In den zentralasiatischen Ländern Kirgistan und Tadschikistan müssen viele Erwachsene ihre Familien zeitweilig verlassen, um sich in anderen Regionen oder Ländern einen Arbeitsplatz zu suchen. Die Geldüberweisungen an die Familien stellen in beiden Ländern einen erheblichen wirtschaftlichen...

This paper examines the purpose of remittances using individual data of migrants in Germany. Particular attention is paid to migrants’ savings and transfers to family members in the home country. Our findings indicate that migrants who intend to stay in Germany only temporarily have a higher...

This paper investigates the determinants of migrants’ financial transfers to their home country using German data.A double-hurdle model is applied to analyze the determinants of the propensity to send transfers abroad and the amount of transfers.The findings reveal that return intentions...