Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants’ skills raise remittances, while a large informal economy in the sending country depresses …

habits: migrants who regularly use internet banking for other purposes are more likely to use bank services for remittances …

composed of essential expenditures. …

durable from nondurable expenditures. We adopt a theoretical partial equilibrium framework to justify the identification …

habits: migrants who regularly use internet banking for other purposes are more likely to use bank services for remittances …

Workers' remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants' skills raise remittances, while a large informal economy in the sending country depresses …

In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business …