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The literature on remittances and growth has thus far established a positive link between remittances and overall economic growth in recipient countries using standard growth regressions. In this paper, we identify the main transmission channel through which remittance transfers seem to exert...
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"The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a … globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output …
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