Showing 1 - 10 of 4,721
The impact of remittances on households left behind by migration is ambiguous a priori due to competing income and … substitution effects. We offer new evidence on the effect of remittances on household investment decisions. We enrich our analysis … concerns. We find that remittances increase the likelihood of human, physical, and social capital investment in most of our …
Persistent link: https://www.econbiz.de/10013272316
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 …
Persistent link: https://www.econbiz.de/10011604734
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 …
Persistent link: https://www.econbiz.de/10013317412
Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …
Persistent link: https://www.econbiz.de/10012506307
Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage effects on labour markets) and for the most part these can be seen as pure externalities. Diasporas are an example of such an externality. This paper reviews the recent economic...
Persistent link: https://www.econbiz.de/10011806518
This review article surveys the recent economic literature on diaspora networks, globalization, and development. Diasporas are shown to contribute to the economic and cultural integration of source (i.e., developing) countries into the global economy. I first review the effect of diaspora...
Persistent link: https://www.econbiz.de/10012064002
The impact of foreign financial inflows on the economic growth of recipient countries is a controversial issue in many empirical studies. The majority of the previous studies use one variable as an indicator of foreign financial inflows; they fail to incorporate many variables. The study fills...
Persistent link: https://www.econbiz.de/10013373036
enhance the productive utilization of remittances and strengthen institutional quality. However, it is important to note that …
Persistent link: https://www.econbiz.de/10014445529
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.'s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10013121874
This paper examines the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a panel data model for 11 Central and Eastern European countries (CEECs) between 1996 and 2003 in a cross-country growth accounting framework. The analysis concentrates on the...
Persistent link: https://www.econbiz.de/10014060105