This purpose of our paper is to explores the consequences of uncertainty on the remittances.These transfers are sent by a diaspora of emigrants who are motivated by altruism rather than pure self-interest. Migrants are assumed to care about the consumption of home-resident family members as well...

The main purpose of this paper is to study the economic behavior of migrants under uncertainty . We show , in particular, that the impact of the probability of return remains ambiguous regarding both the savings and labor participation of the migrants , this theoritical finding seems to...

The primary purpose of this study is to model and analyze inflation volatility in ten selected Asian economies. We used quarterly data of inflation from 1987Q1 to 2008Q4 to model inflation volatility as time varying process through different symmetric and asymmetric GARCH specifications. We also...

This paper is first attempt to measure and analyze inflation uncertainty in Pakistan and it provides several contributions. Using quarterly data from 1976:01 to 2008:02, at first stage we model inflation uncertainty as time varying process through GARCH framework. At second stage asymmetric...

In this paper, we introduce uncertainty of the labour productivity of women in a competitive model of wage determination. We demonstrate that more qualified women are then offered much lower wages than men at the equilibrium. This result is consistent with the glass ceiling hypothesis according...