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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
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
the provided evidence we argue that this effect is channelled through "cultural remittances". …
Persistent link: https://www.econbiz.de/10012694149
Does the emigration of skilled individuals necessarily result in losses for source countries due to the brain drain? Combining industry-level patenting and migration data from 32 European countries, we show that emigration in fact positively contributes to innovation in source countries. We use...
Persistent link: https://www.econbiz.de/10011952002
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
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
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/10010428816
Requiring firms, rather than individuals, to remit sales taxes improves tax compliance. In the U.S., this shift toward firm-based remittance rules for remote purchases occurred gradually after South Dakota v. Wayfair. Using comprehensive and high-frequency local sales tax revenue data, we show...
Persistent link: https://www.econbiz.de/10014637287