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Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances … developing countries. We examine the role of remittances in the trade balance of 11 labor-abundant MENA countries. Our panel … regression analysis shows that the inflow of remittances has had an increasing effect on trade deficits by triggering import …
Persistent link: https://www.econbiz.de/10012977472
welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …
Persistent link: https://www.econbiz.de/10013018213
countries. We analyze a novel bank-level data set from Nepal, where a steady inflow of remittances has contributed to foreign …
Persistent link: https://www.econbiz.de/10013043617
Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many … developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10013316200
Empirical evidence that migrants send home more remittances after disasters raises the question of whether remittances … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …
Persistent link: https://www.econbiz.de/10013094542
A wide variety of social protection systems coexist within the EU. Some member states provide social insurance that is of Beveridgean inspiration (with universal and more or less flat benefits), while others offer a system that is mainly Bismarckian (with benefits related to past contributions)....
Persistent link: https://www.econbiz.de/10013124178
Theoretical and empirical research in economics suggests that bilateral migration triggers bilateral trade through a number of channels. This paper assesses the functional form of the impact of migration on trade flows in a quasi-experimental setting. We provide evidence that the relationship is...
Persistent link: https://www.econbiz.de/10013124393
In this paper I provide some support to the Tiebout hypothesis. It suggests that when a group of host countries faces an upward supply of immigrants, tax competition does not indeed lead to a race to the bottom; competition may lead to higher taxes than coordination. We identify a fiscal...
Persistent link: https://www.econbiz.de/10013082005
We analyse whether, when and how local office-holders respond to the personal, economic incentives embedded in exogenously imposed population thresholds leading to an increased number and/or remuneration of local office-holders. Using data from all 589 Belgian municipalities over the period...
Persistent link: https://www.econbiz.de/10013001165
This paper establishes a causal link between the emigration of skilled workers and firm performance in source countries. Using firm-level panel data from ten Eastern European countries, we show that the emigration of skilled workers lowers firm total factor productivity. We exploit time,...
Persistent link: https://www.econbiz.de/10012927105