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Wider boundaries : the welfare state and international remittances

Amegashie, J. Atsu; Batu, Michael - 2015

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/10011300358

How does the flow of remittances affect the trade balance of the Middle East and North Africa?

Farzanegan, Mohammad Reza; Hassan, Sherif Maher - 2016

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/10011557898

Diasporas and economic development : a review of the evidence and policy

Bahar, Dany - 2020

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital".

Persistent link: https://www.econbiz.de/10012165988

What drives financial development? : a meta-regression analysis

Doucouliagos, Chris; Haan, Jakob de; Sturm, Jan-Egbert - 2020

robustly established that remittances and trust matter for financial development. …

Persistent link: https://www.econbiz.de/10012229266

Remittances in Latin America : trends and persistence

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2024

This paper analyses remittances in fifteeen Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia … remittances are transitory only in Guatemala and Honduras. This might reflect the rather stable employment and wages of migrant … of remittances to these two countries. …

Persistent link: https://www.econbiz.de/10015133982

Internal migration, remittances and economic development

Pan, Xiameng; Sun, Chang - 2023

households to examine the joint effect of migration and remittances on economic development. We apply the model to internal … migration in China. Counterfactual analysis of the calibrated model shows that the presence of remittances increases migration …

Persistent link: https://www.econbiz.de/10014334396

Sustaining social security

Gonzalez-Eiras, Martín (contributor); … - 2005

This paper analyzes the sustainability of intergenerational transfers in politico-economic equilibrium. Embedding electoral competition for the votes of old and young households in the standard Diamond (1965) OLG model, we find that intergenerational transfers naturally arise in a Markov perfect...

Persistent link: https://www.econbiz.de/10003112478

Pareto-improving bequest taxation

Grossmann, Volker (contributor); Poutvaara, Panu (contributor) - 2005

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show that in the presence of wage taxation, a small bequest tax may improve efficiency in an overlapping-generations framework with only intended bequests, by enhancing incentives of...

Persistent link: https://www.econbiz.de/10003113315

Intra-generational externalities and inter-generational transfers

Kolmar, Martin (contributor); Meier, Volker (contributor) - 2005

In an environment with asymmetric information the implementation of a first-best efficient Clarke-Groves-Vickrey (D’Aspremont-Gérard-Varet) mechanism may not be feasible if it has to be self-financing. By using intergenerational transfers, the arising budget deficit can generally be covered...

Persistent link: https://www.econbiz.de/10002756268

Cross-dynastic intergenerational altruism

Nesje, Frikk - 2022

I study whether saving behavior reveals socially relevant intertemporal preferences. To this end, I decompose the present generation’s preference for the next into its dynastic and cross-dynastic components in a model of saving. If people are concerned about the next generation as such, then...

Persistent link: https://www.econbiz.de/10013041365