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welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …
Persistent link: https://www.econbiz.de/10011300358
This paper studies how return migration intentions affect immigrants' behavior. Using a unique French data set, we analyze the relationship between return plans and several immigrants' behavior in the host and origin countries addressing the potential endogeneity between return plans and...
Persistent link: https://www.econbiz.de/10011518137
remittances. The sample comprises 112 countries with which Spain has closely interconnected migratory, commercial and investment …-2016. The results show that a greater number of immigrants in Spain boost foreign direct investment (FDI), remittances sent and … emigration from Spain with the FDI and remittances sent is confirmed. With the economic downturn, the FDI declines and the number …
Persistent link: https://www.econbiz.de/10012132377
This chapter reviews the recent theoretical and empirical economic literature on migrants' remittances. It is divided … between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects. At the … timing of remittances. The results from selected empirical studies show that a mixture of individualistic (e.g., altruism …
Persistent link: https://www.econbiz.de/10014023661
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry and financial development. In-cumbents seek a low level of effective investor protection to prevent potentialentrants from raising capital. They succeed because they can...
Persistent link: https://www.econbiz.de/10011338011
, brought about by migration, with huge statistical observed positive effects of received worker remittances on smart human …
Persistent link: https://www.econbiz.de/10013117617
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … Jamaica or El Salvador – are also better off due to migration, but for a different reason: remittances. The quantitative …
Persistent link: https://www.econbiz.de/10013090780
, brought about by migration, with huge statistical observed positive effects of received worker remittances on smart human … ; environmental accounts and accounting ; environmental equity ; population growth ; international migration ; remittances …
Persistent link: https://www.econbiz.de/10009523002
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The quantitative … countries and about 10% for the main sending countries. -- migration ; remittances ; international trade ; welfare …
Persistent link: https://www.econbiz.de/10009545275