with heterogeneous firms subject to high and low tariffs. We examine the welfare effects of applying three different tariff …

investigating the impact of remittances on consumption, investment, imports and output. It estimates short and long-run multiplier … effects of exogenous shocks of remittances, with data from five Mediterranean countries. The analysis reveals a uniform … changes, in the sense that the good done to growth by rising remittances is not as great as the bad done by falling …

This study examines the determinants of worker’s remittances. Variance decompositions, impulse response functions and … Granger causality tests derived from a vector error correction model are used to test if remittances are affected by the … Dominican Republic, El Salvador, Mexico and the U.S. are used. The results indicate that remittances respond more to changes in …

raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled …

We calculate welfare gains of trade liberalization in the Central and East European transition economies, following the … product varieties is crucial to quantifying the welfare impact of trade liberalization. The empirical work relies on direct … conclusion is that freer trade has boosted welfare. …

the migrant and his family, treating remittances as an endogenous variable in the migration system. Behind this model is … present or future consumption of remittances. The model has two purposes: estimate the relative significance of behavioural …