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In this paper I use a unique data set from Nicaragua to asses the behavior of persons who send money back home. I estimate a heteroskedastic Tobit with a known form of variance to estimate the correlation of the remitting decisions of migrants. Working, residing in a developed country and...
Persistent link: https://www.econbiz.de/10010268241
After independence, the GCC countries relied heavily on foreign workers from fellow Arabs countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia, which we econometrically verify. This deprived several MENA labor exporters...
Persistent link: https://www.econbiz.de/10010900794
The GCC countries are among the top destinations for foreign workers from neighboring Arab and Asian countries. The Gulf region is also the top remitter in the world. This chapter discusses the reasons that placed the GCC countries at the heart of the migration debate. To better understand the...
Persistent link: https://www.econbiz.de/10014025423
While remittances from the GCC countries to Asia slowed down during the crisis, there is no evidence of large decreases. On the other hand, remittances to several MENA countries decreased during 2009, but the evidence for 2010 suggests a reversal of this pattern. Most of the recent labour...
Persistent link: https://www.econbiz.de/10008672331