Delpierre, Matthieu; Verheyden, Bertrand - In: IZA Journal of Migration 3 (2014) 1, pp. 1-43
Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty. In our framework, migrants make remittance and saving...