I propose a model of income redistribution in an open-economy environment. The world consists of a finite number of …

In the past few years, there has been a renewed interest in remittances of international migrants, as their strong … recent increase shed more light on the effects at both micro and macro level. The remittances not only contribute to the well …-being of the receiving households, but are also a large source of external financing, second only to FDI. The remittances are …

part of the labour force from the emigration countries led to a significant flow of remittances. Being viewed as the main … gain of the loss of labour force, remittances are important at macroeconomic level to the extent in which they bring in the … of a country according to the way in which remittances received are used by emigrants. This study analyses the impact …