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What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration …? These two questions are examined empirically in Egypt, Turkey and Morocco for households with family members living abroad … effects on receipt of remittances than net earnings potential of households in the country of origin. Second, the receipt of …
Persistent link: https://www.econbiz.de/10011343282
that standard identification schemes imply different priors on elasticities, generating a large dispersion in multiplier … inference on multipliers. Our results for the U.S. for the period 1947-2006 suggest that the probability of the tax multiplier … being larger than the spending multiplier is below 0.5 at all horizons …
Persistent link: https://www.econbiz.de/10013106827
-country business cycle model of labor migration and remittances. The model matches the cyclical dynamics of unskilled migration and … documents the insurance role of remittances in consumption smoothing. Over the cycle, immigration increases with the expected … stock of immigrant labor, enhancing the volatility of unskilled wages and remittances. Changes in border enforcement have …
Persistent link: https://www.econbiz.de/10013032872
Inflows of remittances to Pakistan are being increasingly viewed as a relatively attractive source of external finance …, one that can help to foster development and manage economic shocks. Remittances have become a major source of revenue … stability, cyclicality and stabilization impacts of migrant remittances to Pakistan. It is evident that foreign inflows exhibit …
Persistent link: https://www.econbiz.de/10013082316
Many developing countries are resource-constrained – that is, they are running a current account deficit. The deficit in the current account indicates that aggregate demand exceeds aggregate supply. Alternatively, domestic investment cannot be financed using national savings, necessitating...
Persistent link: https://www.econbiz.de/10013068105
Inflows of remittances to Pakistan are being increasingly viewed as a relatively attractive source of external finance …, one that can help to foster development and manage economic shocks. Remittances have become a major source of revenue … stability, cyclicality and stabilization impacts of migrant remittances to Pakistan. It is evident that foreign inflows exhibit …
Persistent link: https://www.econbiz.de/10009742508
transmission to foreign direct investment and foreign portfolio investment. Operating on Turkey as a case study, I disaggregate … policy and uncertainty surrounding it, Central Bank of Turkey's monetary policy, and several key domestic macroeconomic … both at home and abroad. Complementary results from uncertainty metrics indicate-to varying extents-that Turkey is a …
Persistent link: https://www.econbiz.de/10012861354
remittances. The sample comprises 112 countries with which Spain has closely interconnected migratory, commercial and investment …-2016. The results show that a greater number of immigrants in Spain boost foreign direct investment (FDI), remittances sent and … emigration from Spain with the FDI and remittances sent is confirmed. With the economic downturn, the FDI declines and the number …
Persistent link: https://www.econbiz.de/10012132377
estimation technique, the results based on the Pooled Mean Group approach provide strong evidence of the importance of inward … remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris … case. Quite outstanding here is the observation of the detrimental role of remittances on savings in the long-run once …
Persistent link: https://www.econbiz.de/10013407069
Berlin. It distinguishes between migrants who do and do not intend to return to Turkey and the different uses of remittances …This paper provides an empirical analysis of the remittances of Turkish migrants using data from 590 households in … addition, remitters are more likely to increase the amount of remittances where they are to be spent on education and …
Persistent link: https://www.econbiz.de/10013144046