Showing 1 - 10 of 55
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
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
wages are sustained by a large reserve army of rural labor which drives internal migration, and (2) domestic capital is …
Persistent link: https://www.econbiz.de/10005825815
This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS …
Persistent link: https://www.econbiz.de/10005825900
This paper provides a model on how altruism, "attachment" to the home country, and portfolio diversification may act as potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their degrees of altruism and "attachment" to their home...
Persistent link: https://www.econbiz.de/10005825932
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the … acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities … and the distribution of wealth matter for the migration decision, and costs of backmigration may produce an urban poverty …
Persistent link: https://www.econbiz.de/10005826021
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
We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a...
Persistent link: https://www.econbiz.de/10005826292
increase in migration and total earnings of the migrants. Remittances are also affected by the economic environment in source …
Persistent link: https://www.econbiz.de/10005826481
out-migration in SSA. …
Persistent link: https://www.econbiz.de/10005826522