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Research on the relationship between high-skilled migration and remittances has been limited by the lack of suitable …. Our results reveal that migrants' education has no significant impact on the likelihood of sending remittances …. Conditional on sending remittances, however, high-skilled migrants send significantly higher amounts of money to their households …
Persistent link: https://www.econbiz.de/10011559321
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...
Persistent link: https://www.econbiz.de/10010292638
This paper examines the purpose of remittances using individual data of migrants in Germany. Particular attention is …
Persistent link: https://www.econbiz.de/10010265815
This paper examines the purpose of remittances using individual data of migrants in Germany. Particular attention is …
Persistent link: https://www.econbiz.de/10005036045
, remittances are higher if close relatives live in the sending country. Finally,Vuong-tests indicate that the double-hurdle model … is the correct specification for the analysis of migrants’ savings and remittances rather than the conventional Tobit …
Persistent link: https://www.econbiz.de/10005738722
Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we first examine the...
Persistent link: https://www.econbiz.de/10010269987
Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed diff erent patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we fi rst examine the...
Persistent link: https://www.econbiz.de/10008518192
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...
Persistent link: https://www.econbiz.de/10010860305
This study investigates the shock-absorbing properties of a banking union by providing a detailed comparison between the way regional financial shocks have been absorbed at the federal level in the US, but have led to severe regional (national) financial dislocation and tensions in the euro...
Persistent link: https://www.econbiz.de/10010527627
The ECB has accepted increasing amounts of rubbish collateral since the crisis started leading to exposure to serious private sector credit risk (i.e. default risk) on its collateralised lending and reverse operations ('repo'). This has led some commentators to argue that the ECB needs 'fiscal...
Persistent link: https://www.econbiz.de/10010270000