Remittances (money sent home by migrants) to developing countries are estimated to have reached USD 325 billion in 2010. In the thesis we focus on the share of remittances that is saved by the receivers and wonder how to maximize its impact on domestic investment. Through a set of questions, we...

Social banks are financial intermediaries paying attention to non-economic (i.e. social, ethical, and environmental) criteria. To investigate the behavior of social banks on the credit market, this paper proposes both theory and empirics. Our theoretical model rationalizes the idea that...