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Persistent link: https://www.econbiz.de/10012510183
We model how the remittances by a migrant are influenced by the remittance behavior of fellow migrants with whom the migrant compares himself. We show that an increase in the mean remittances of the group of fellow migrants encourages the migrant to increase his own remittances, and that this...
Persistent link: https://www.econbiz.de/10014543642