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neglected - economic and socio-cultural effects of the brain drain. Remittances of African migrants contribute considerably not …
Persistent link: https://www.econbiz.de/10011335181
remittances in the Czech Republic. In contrast to previous studies, we provide a more detailed insight into the specifications of … having skilled position. Our results demonstrate that reverse economic effects of remittances on the source country might be …
Persistent link: https://www.econbiz.de/10011791261
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
; EU enlargement ; wages ; international migration ; remittances …
Persistent link: https://www.econbiz.de/10009519861
resulted in a large increase in remittances to New Member States (NMS) and were comparable in size to FDI or EU funds. This … paper adds to the literature by analyzing the impact of remittances and migration jointly, rather than separately, on the … directly through migration, and labor demand indirectly through remittances increasing capital stock. We develop an incomplete …
Persistent link: https://www.econbiz.de/10012897115
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
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
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/10009300571
In 2009 the euro entered a crisis from which it has yet to emerge. It has led to increased social tensions across the Eurozone and even speculation that the euro might break up. Against this background this paper sets out to re-examine the Hard ECU, the British government's 1990 alternative to...
Persistent link: https://www.econbiz.de/10013031814
Country-specific business cycle fluctuations are potentially very costly for member states of currency unions because they lack monetary autonomy. The actual costs depend on the extent to which consumption is shielded from these fluctuations and thus on the extent of risk sharing across member...
Persistent link: https://www.econbiz.de/10012509026