This paper focuses on feedback mechanisms of remittances on the size of the migrant population. We argue that low remittances contribute to relax recipients’ credit constraints and foster further emigration. On the other hand, high remittances may deter migration if they make further...

Migrants' remittances should b e considered as one of the determinants of migration ows, since they have an economic impact on recipient economies, and can play a signaling role concerning the actual economic conditions in countries. In b oth cases, the decision to migrate may b e interpreted as...