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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
outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …
Persistent link: https://www.econbiz.de/10011800715
-up investment decisions. We find that, although tax rates are usually higher than the developed countries’ ones, taxation has an …
Persistent link: https://www.econbiz.de/10014502465
investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …
Persistent link: https://www.econbiz.de/10003872313
This paper studies the marginal product of private capital (MPK) with new data and a new framework to obtain a better understanding of international capital allocations and the Lucas Paradox (LP). Our point of departure is three influential studies of MPK's and, based on the most recently...
Persistent link: https://www.econbiz.de/10012057304
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
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
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
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/10003976556
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 … insurance. -- remittances ; insurance ; risk management strategies …
Persistent link: https://www.econbiz.de/10003983213