The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic implication in providing insurance against domestic output shocks in the recipient economies – a phenomenon known in literature as risk sharing. Using a large sample of 86...

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and destinations, using a quantitative multi-sector model of the global economy calibrated to aggregate and firm-level data on 60 developed and developing countries. Our framework accounts...

This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and destinations, using a quantitative multi-sector model of the global economy calibrated to aggregate and firm-level data on 60 developed and developing countries. Our framework accounts...

We examine the labour supply effect of remittances in the Republic of Haiti, the prime international remittances recipient country in the Latin American and Caribbean (LAC) region relative to its GDP. Unlike previous empirical literature we address three econometric issues that may bias the...

Household composition is traditionally regarded as exogenous in economic analyses. The migration literature typically assumes that the migration of a household member is not associated with further variations in co-residence choices. We rely on a large Mexican panel survey to provide novel...

Romanian migration is today one of the biggest, complex, and dynamic migration to Western Europe. This paper is a comprehensive review of the existing literature that aims at providing a full picture of this dynamic migratory process and discusses its far-reaching consequences. It first presents...

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...

The Central and East European countries are affected after the fall of the communism, by the international migration for work towards the developed countries. The adherence to the European Union and the lift of restrictions on the labour market in Western Europe facilitated the short-term and...

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...

This article reviews the economic literature on social remittances. Unlike financial remittances, which are flows of cash or goods sent by migrants to their origin countries, social remittances refer to economic, social, political attitudes, behaviours and norms that are transmitted through...