Kugler, Maurice; Levintal, Oren; Rapoport, Hillel - In: The World Bank Economic Review 32 (2018) 1, pp. 148-162
Migration facilitates the flow of information between countries, thereby reducing informational frictions that potentially hamper cross-country financial flows. Using a gravity model, migration is found to be highly correlated with financial flows from the migrant's host country to her home...