Showing 1 - 10 of 35
In the last two decades remittances have gained interest due to their large size. For several developing countries remittances constitute a large portion of their GDP and sometimes exceed FDI. While FDIs are usually profit driven, it is not clear what the driving force behind remittances is....
Persistent link: https://www.econbiz.de/10003652675
In this paper I use a unique data set from Nicaragua to asses the behavior of persons who send money back home. I estimate a heteroskedastic Tobit with a known form of variance to estimate the correlation of the remitting decisions of migrants. Working, residing in a developed country and...
Persistent link: https://www.econbiz.de/10003561651
This article provides a short description of remitters in Dubai. The data comes from a remittance survey on foreign workers in the Emirate conducted in 2008. Among other findings, our results suggest that there are key differences between those remitters who live in labour camps and those living...
Persistent link: https://www.econbiz.de/10008800212
After independence, the GCC countries relied heavily on foreign workers from fellow Arabs countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia, which we econometrically verify. This deprived several MENA labor exporters...
Persistent link: https://www.econbiz.de/10010900794
In the last two decades remittances have gained interest due to their large size. For several developing countries remittances constitute a large portion of their GDP and sometimes exceed FDI. While FDIs are usually profit driven, it is not clear what the driving force behind remittances is....
Persistent link: https://www.econbiz.de/10010268782
Despite being a fixture of everyday life in the Arab world, wasta, which may be thought of as special influence by members of the same group or tribe, has received little attention from social scientists. Our casual empiricism suggests that wasta is an important determinant of how economic...
Persistent link: https://www.econbiz.de/10010293100
We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in the price of crude oil. Most of the GCC countries rank in the top 20 remitting countries in the world. We find that oil price elasticity of remittances is around 0.4. While most...
Persistent link: https://www.econbiz.de/10010275918
In this article we study the relationship between workers' remittances and fertility rate of the remittance receiving country. We identify two main channels by which remittances transfers affect fertility. First, migrants may adopt and later transmit to the household the ideas, values and...
Persistent link: https://www.econbiz.de/10010275920
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia; so did the flow of remittances. This paper examines the consequences of the...
Persistent link: https://www.econbiz.de/10010319552
In this paper I use a unique data set from Nicaragua to asses the behavior of persons who send money back home. I estimate a heteroskedastic Tobit with a known form of variance to estimate the correlation of the remitting decisions of migrants. Working, residing in a developed country and...
Persistent link: https://www.econbiz.de/10005763450