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 "atta...

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Hlavní autor: Bouhga-Hagbe, Jacques
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2004.
Edice:IMF Working Papers; Working Paper ; No. 2004/194
On-line přístup:Full text available on IMF
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100 1 |a Bouhga-Hagbe, Jacques. 
245 1 2 |a A Theory of Workers' Remittances with An Application to Morocco /  |c Jacques Bouhga-Hagbe. 
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300 |a 1 online resource (35 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2004/194 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2004/194/001.2004.issue-194-en.xml  |z IMF e-Library