A Model of Remittance Determination Applied to Middle East and North Africa Countries
AbstractThe objective is to construct and estimate a model of remittance determination which reflects individual behaviour of the migrant and his family, treating remittances as an endogenous variable in the migration system. Behind this model is found the idea of the relative bargaining power, inherent in the implicit contract theory, which determines priorities for present or future consumption of remittances. The model has two purposes: estimate the relative significance of behavioural and macroeconomic variables in remittance determination, and interpret, in a feedback manner, the results with respect to the theoretical postulates. All countries concerned are found to demonstrate unstable and volatile income expectations, with implications to remitting behaviour, and to present-future priorities.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0505016.
Length: 37 pages
Date of creation: 18 May 2005
Date of revision:
Note: Type of Document - doc; pages: 37
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Model; Migration; Remittances; Determinants; MENA;
Find related papers by JEL classification:
- J - Labor and Demographic Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-23 (All new papers)
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