Series: IMF Working Papers
Author(s): Jacques Bouhga-Hagbe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2004
Keywords: altruism, portfolio diversification, co-integration, equation, workers ? remittances, migration, statistics, Household Behavior: General, Macroeconomics: Consumption, Saving
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...