A Theory of Workers' Remittances with An Application to Morocco:
This paper provides a model on how altruism, ""attachment"" to the home country, and portfolio diversification may act as potential motives behind workers'' remittances. It shows that the level of workers'' remittances depends on how great are their degrees of...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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Schriftenreihe: | IMF Working Papers
Working Paper No. 04/194 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper provides a model on how altruism, ""attachment"" to the home country, and portfolio diversification may act as potential motives behind workers'' remittances. It shows that the level of workers'' remittances depends on how great are their degrees of altruism and ""attachment"" to their home country, and should also depend on interest rate differentials between the home country and the country of residence if portfolio diversification motives are significant in the decision to remit. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in Morocco and the policy implications in light of the empirical findings |
Beschreibung: | 1 Online-Ressource (35 p) |
ISBN: | 1451859899 9781451859898 |
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spelling | Bouhga-Hagbe, Jacques Verfasser aut A Theory of Workers' Remittances with An Application to Morocco Bouhga-Hagbe, Jacques Washington, D.C International Monetary Fund 2004 1 Online-Ressource (35 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/194 This paper provides a model on how altruism, ""attachment"" to the home country, and portfolio diversification may act as potential motives behind workers'' remittances. It shows that the level of workers'' remittances depends on how great are their degrees of altruism and ""attachment"" to their home country, and should also depend on interest rate differentials between the home country and the country of residence if portfolio diversification motives are significant in the decision to remit. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in Morocco and the policy implications in light of the empirical findings Online-Ausg http://elibrary.imf.org/view/IMF001/00129-9781451859898/00129-9781451859898/00129-9781451859898.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Bouhga-Hagbe, Jacques A Theory of Workers' Remittances with An Application to Morocco |
title | A Theory of Workers' Remittances with An Application to Morocco |
title_auth | A Theory of Workers' Remittances with An Application to Morocco |
title_exact_search | A Theory of Workers' Remittances with An Application to Morocco |
title_exact_search_txtP | A Theory of Workers' Remittances with An Application to Morocco |
title_full | A Theory of Workers' Remittances with An Application to Morocco Bouhga-Hagbe, Jacques |
title_fullStr | A Theory of Workers' Remittances with An Application to Morocco Bouhga-Hagbe, Jacques |
title_full_unstemmed | A Theory of Workers' Remittances with An Application to Morocco Bouhga-Hagbe, Jacques |
title_short | A Theory of Workers' Remittances with An Application to Morocco |
title_sort | a theory of workers remittances with an application to morocco |
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