Showing 1 - 10 of 18
In the last two decades remittances have gained interest due to their large size. For several developing countries remittances constitute a large portion of their GDP and sometimes exceed FDI. While FDIs are usually profit driven, it is not clear what the driving force behind remittances is....
Persistent link: https://www.econbiz.de/10003652675
In this article we study the relationship between workers' remittances and fertility rate of the remittance receiving country. We identify two main channels by which remittances transfers affect fertility. First, migrants may adopt and later transmit to the household the ideas, values and...
Persistent link: https://www.econbiz.de/10003824965
We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in the price of crude oil. Most of the GCC countries rank in the top 20 remitting countries in the world. We find that oil price elasticity of remittances is around 0.4. While most...
Persistent link: https://www.econbiz.de/10003872708
In this paper I use a unique data set from Nicaragua to asses the behavior of persons who send money back home. I estimate a heteroskedastic Tobit with a known form of variance to estimate the correlation of the remitting decisions of migrants. Working, residing in a developed country and...
Persistent link: https://www.econbiz.de/10003561651
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s labor source switched to South Asia; so did the flow of remittances. This paper examines the consequences of the...
Persistent link: https://www.econbiz.de/10009766270
Despite being a fixture of everyday life in the Arab world, wasta, which may be thought of as special influence by members of the same group or tribe, has received little attention from social scientists. Our casual empiricism suggests that wasta is an important determinant of how economic...
Persistent link: https://www.econbiz.de/10009708693
The strong economic ties between the GCC economies and the U.S. are manifested in three ways: currency peg, coupling of monetary policy, and the adoption of the U.S. dollar as the trading currency for oil. This paper examines how these dynamics result in a misalignment of the U.S. monetary...
Persistent link: https://www.econbiz.de/10010472482
We examine how selected high school characteristics - including type of diploma - contribute to students' academic success in an American-type university in the United Arab Emirates (UAE). We find no robust evidence that US, UK, and UAE systems of high school diploma produce different outcomes,...
Persistent link: https://www.econbiz.de/10010408875
This paper examines the legal and policy implications of information asymmetry on foreign domestic workers employed under the Kafala sponsorship system in the Gulf Cooperation Council (GCC) countries. Drawing from ethnographic and field-based observations in large GCC migrant destinations -...
Persistent link: https://www.econbiz.de/10011476493
Persistent link: https://www.econbiz.de/10012497281