Christidis, Les (2008): Literature Review on Migration and Remittances Development. Published in: Pacific Journal of Migration and Development , Vol. 17, No. 1 (2008): pp. 1-25.
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Abstract
In this article I have presented the kernel of the migration literature on remittances. I started from their three most debated features: stability, cyclicality and sustainability. I then moved to the motives driving remittances and, finally, their relationship with development. Both sustainability and cyclicality are the most controversial issues, as they are probably the most critical in terms of economic development. The former is fundamental from an endogenous point of view. In terms of dynamic convergence, if sustainability holds, less financial developed countries could redeem themselves fostering riskier and more productive investments, ‘substituting’ their liquidity constraints with pro-cyclical remittances. On the other hand, from a ‘brain gain’ perspective, if the inverse relation betIen the time spent abroad and intention to remit is going to be confirmed in future works, the ‘brain circulation could be beneficial both from a human capital and a remittances point of view.
Item Type: | MPRA Paper |
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Original Title: | Literature Review on Migration and Remittances Development |
English Title: | Literature Review on Migration and Remittances Development |
Language: | English |
Keywords: | migration, diaspora, remittances, development, household, transnationalism |
Subjects: | J - Labor and Demographic Economics > J0 - General J - Labor and Demographic Economics > J0 - General > J01 - Labor Economics: General J - Labor and Demographic Economics > J0 - General > J08 - Labor Economics Policies J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J61 - Geographic Labor Mobility ; Immigrant Workers J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J62 - Job, Occupational, and Intergenerational Mobility |
Item ID: | 105237 |
Depositing User: | Les Christidis |
Date Deposited: | 11 Jan 2021 03:02 |
Last Modified: | 11 Jan 2021 03:02 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/105237 |