International Migration, Remittances and Welfare in a Dependent Economy
This note extends Rivera-Batiz (1982) to examine the role of remittances in determining the effects of migration on welfare of the remaining residents in a small open economy. If the flow of remittances exceeds a certain critical value, the remaining residents benefit from migration, even if they do not receive any remittances themselves.
Year of publication: |
1984
|
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Authors: | Djajic, Slobodan |
Institutions: | Economics Department, Queen's University |
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