A Theory of Workers Remittances with an Application to Morocco Jacques Bouhga-Hagbe

ISBN: 9781282107977

Published: October 1st 2004

ebook

72 pages


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A Theory of Workers Remittances with an Application to Morocco  by  Jacques Bouhga-Hagbe

A Theory of Workers Remittances with an Application to Morocco by Jacques Bouhga-Hagbe
October 1st 2004 | ebook | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | 72 pages | ISBN: 9781282107977 | 5.40 Mb

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 theirMoreThis 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.



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