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The issue of emigration is a very important concern for Albania and Macedonia due to the fact that a high percentage of … highest emigration percentage flows in the world. Migrant remittances are an increasingly important source of income for both … countries. For these two economies, remittances are the largest type of international financial inflow and are larger than …
Persistent link: https://www.econbiz.de/10012901677
Remittances in 2010 continue to be the most significant influx of funds into the Albanian economy, overshadowing both … foreign direct investments and exports. Although the channelling of remittances through formal corridors increases every day … significantly modern economic development and financial investment in Albania. Albanian financial institutions continue to address …
Persistent link: https://www.econbiz.de/10013011470
remittances, which in the case of Albania far exceed Foreign Direct Investments.Using household survey data for Albania, this …-remittance-receiving households. The Cox proportional hazard model is used to capture the effects of remittances. The crucial assumption in the … remittances. In the model, household incomes are considered separately from remittances in order to identify whether income from …
Persistent link: https://www.econbiz.de/10013079909
welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …
Persistent link: https://www.econbiz.de/10011300358
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances … remittances. This paper examines the consequences of the shift in the source of labor by econometrically testing the existence of … structural breaks in the flow of remittances in the MENA region. The change in the direction of remittance flows deprived several …
Persistent link: https://www.econbiz.de/10009766270
We analyze the impact of remittances on the labor supply of men and women in post-conflict Tajikistan. Individuals from … results are robust to different measures of remittances and migration. When we differentiate between regions by their exposure … to the 1992-1998 armed conflict, we observe that the negative effect of remittances on the labor supply of women is …
Persistent link: https://www.econbiz.de/10009725330
Migration and the consequent flow of remittances are like a double-edged sword; while keeping many out of poverty, they … Moldova and employing simultaneous equations model we show that there exists a dual causality between receipt of remittances … first to be able to specify the mechanism behind the link between remittances and migration. We find evidence that …
Persistent link: https://www.econbiz.de/10010223622
Analysis of remittances lies in the very centre of the scientific debate on developmental impacts of migration. On the …. On the micro level remittances may constitute the major source of income and become a means towards consumption smoothing … (migration as survival strategy). Notwithstanding, the very nature of remittances and underlying factors are still under …
Persistent link: https://www.econbiz.de/10010196422
Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …
Persistent link: https://www.econbiz.de/10010250039
Migrants' remittances to developing countries have increased in recent decades, partly due to reduced transactions … explanation. Despite the difficulties female migrants encounter in the labor market, their total remittances may be higher and …
Persistent link: https://www.econbiz.de/10011434036