Migration And Remittances Causes And Linkages

The authors empirically examine the determinants of remittance flows at the cross-country level. They consider, among other things, the significance of the level of migration, the education level of migrants, and financial sector development in determining remittances. Given the potential endogeneit...

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Bibliographic Details
Main Author: Niimi, Yoko
Other Authors: Ozden, Caglar
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2006
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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100 1 |a Niimi, Yoko 
245 0 0 |a Migration And Remittances  |h Elektronische Ressource  |b Causes And Linkages  |c Niimi, Yoko 
260 |a Washington, D.C  |b The World Bank  |c 2006 
300 |a 25 p. 
653 |a Macroeconomics and Economic Growth 
653 |a Number of Migrants 
653 |a Migration 
653 |a Migrant 
653 |a Health, Nutrition and Population 
653 |a Household Surveys 
653 |a Migrants 
653 |a Migrant Workers 
653 |a Foreign Direct Investment 
653 |a Office 
653 |a Government Policies 
653 |a Home Countries 
653 |a Debt Markets 
653 |a Finance and Financial Sector Development 
653 |a Population Policies 
653 |a Remittances 
653 |a Developing Countries 
700 1 |a Ozden, Caglar 
700 1 |a Niimi, Yoko 
041 0 7 |a eng  |2 ISO 639-2 
989 |b WOBA  |a World Bank E-Library Archive 
856 4 0 |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4087  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a The authors empirically examine the determinants of remittance flows at the cross-country level. They consider, among other things, the significance of the level of migration, the education level of migrants, and financial sector development in determining remittances. Given the potential endogeneity problems, the migration and financial development variables are instrumented in the estimation. They find that the migration level is the main driver of remittance flows, even after controlling for the endogeneity bias through instrumental variable estimation. The authors also find that the education level of migrants relative to the population in home countries, the size of the economy, and the level of economic development of recipient countries adversely affect remittance flows. While they find the effect of financial sector development to be positive, its significance is not strongly supported in their analysis