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Emigration and Brain Drain; Evidence From the Caribbean

Mishra, Prachi - International Monetary Fund (IMF) - 2006

This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …

Persistent link: https://www.econbiz.de/10005248304

Samoa; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan economy. In addition to remittances, travel credits also play an important role in the economy. Official transfers are also significant, and should remain an important source of...

Persistent link: https://www.econbiz.de/10005824965

Determinants of Emigrant Deposits in Cape Verde

International Monetary Fund (IMF); International … - 2006

In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This paper studies the long-run determinants of emigrant deposits with respect to risk,...

Persistent link: https://www.econbiz.de/10005825682

The Macroeconomics of Remittances; The Case of Tajikistan

Kireyev, Alexei - International Monetary Fund (IMF) - 2006

The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the...

Persistent link: https://www.econbiz.de/10005826166

Impact of Remittanceson Poverty and Financial Development in Sub-Saharan Africa

Gupta, Sanjeev; Pattillo, Catherine A.; Wagh, Smita - International Monetary Fund (IMF) - 2007

out-migration in SSA. …

Persistent link: https://www.econbiz.de/10005826522

Cape Verde; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2005

The Selected Issues paper and Statistical Appendix on Cape Verde review determinants of emigrant deposits (ED). EDs have provided a substantial source of foreign exchange to the Cape Verdean economy, and have been vital in maintaining the fixed exchange rate. Prospects for growth in Cape Verde...

Persistent link: https://www.econbiz.de/10005599078

Migration and Foreign Remittances in the Philippines

Burgess, Robert; Haksar, V. - International Monetary Fund (IMF) - 2005

International migration and large remittance flows have been prominent features of the Philippine economy for many … decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through …

Persistent link: https://www.econbiz.de/10005604780

Garbage in, Gospel Out? Controlling for the Underreporting of Remittances

Melkonyan, Tigran A.; Grigorian, David A.; Shonkwiler, … - International Monetary Fund (IMF) - 2008

Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives mostly ignore the potential errors associated with reporting/measurement issues. An econometric procedure to control for these errors is developed and applied to...

Persistent link: https://www.econbiz.de/10005604786

Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest

Melkonyan, Tigran A.; Grigorian, David A. - International Monetary Fund (IMF) - 2008

The paper explicitly models the dynamic strategic aspects of the interaction between the migrant and the remittance-receiving relative(s), with the migrant behaving as a Stackelberg leader. It is also different from other formalizations of remittance behavior in its treatment of the two parties'...

Persistent link: https://www.econbiz.de/10005604927

Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa

Singh, Raju Jan; Lee, Kyung-woo; Haacker, Markus - International Monetary Fund (IMF) - 2009

most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds … that remittances are larger for countries with a larger diaspora or when the diaspora is located in wealthier countries …

Persistent link: https://www.econbiz.de/10008559274