A Theory of Workers' Remittances with An Application to Morocco

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 altruism and "attachment" to their home country, and should also depend on interest rate... READ MORE...

Publication date: October 2004
ISBN 9781451859898
$15.00

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