Naiditch, Claire; Vranceanu, Radu - In: European Journal of Political Economy 26 (2010) 4, pp. 454-474
This paper analyzes international migration when migrants invest part of their income in their country of origin. We show that a non-total migratory equilibrium exists. Exogenous shocks, such as an increase in migrant income, lead to an increase in optimal invested remittances per migrant, and a...