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Why has the living standard of the Philippines relative to that of the U.S. not risen unlike its Asian neighbors? Using data on national income accounts and the workforce from the Penn World Table (version 6.1) and years of schooling from Barro and Lee (2000) as well as a simple neoclassical...
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Why has the living standard of the Philippines relative to that of the U.S. not risen unlike its Asian neighbors? Using data on national income accounts and the workforce from the Penn World Table (version 6.1) and years of schooling from Barro and Lee (2000) as well as a simple neoclassical...
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The literature has focused on motives to explain remittance behavior. But as nonanonymous transfers, remittances are apt to be influenced by giving norms as well. We formulate an empirical specification that takes account of remittance motives involving worker-household pairs. We find that...
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