This paper examines the pattern of capital mobility in a two-country overlapping generations world in which production uses three inputs: capital, labor and land. The steady-state welfare consequences of opening countries to financial capital or labor mobility are then compared. In particular,...

We use Moroccan data to study the determinants of international migrants’ remittances, testing the altruistic and welfare hypotheses. In particular, we analyze and assess what motivates migrants to send remittances back home. Our results lend support to the altruistic hypothesis suggesting...

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...

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...

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 examines the consequences of labor immigration in an OLG economy in which agents have an elastic labor supply and differ with respect to degrees of altruism and rates of time preference. It focuses on three substantive questions. First, how do immigrants influence the bequest motive...

This paper investigates the saving behavior of migrants in UK across different dimensions, i.e. comparing temporary versus permanent migrants and migrants versus natives. Established theoretical predictions show that migrants save more when they plan to stay at destination only temporarily as...

El aumento de los flujos migratorios y la importancia de los flujos de remesas hacia países emergentes han motivado desde los años 70´s el estudio de los determinantes de las remesas. El primer paso para acercarse a este problema es entender las motivaciones microeconómicas de los agentes...

We study the effect of restrictions to immigration on the cultural assimilation of the second generation. Our theoretical model shows that restrictive policies incentivize to permanent immigration individuals with a stronger taste for their original culture. Permanent immigration implies...