Journal ArticleDOI
Migration, remittances and accumulation of human capital with endogenous debt constraints
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TLDR
It is shown that remittances tend to tighten the borrowing constraints for a given level of interest rate, but may enhance growth at the equilibrium, which replicates both negative and positive impacts of migration and remittance on economic growth underlined by the empirical literature.About:
This article is published in Mathematical Social Sciences.The article was published on 2021-07-01. It has received 5 citations till now. The article focuses on the topics: Overlapping generations model & Human capital.read more
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Productive Capacities, Economic Growth and Economic Growth Volatility in Developing Countries: Does Structural Economic Vulnerability Matter?
TL;DR: In this article, the vulnerability of developing countries to global shocks and environmental shocks has been highlighted, such as the 2008 financial crisis and the COVID-19 pandemic, and environmental disasters such as natural disasters.
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External Constraints and Endogenous Growth: Why Didn’t Some Countries Benefit from Capital Flows?
TL;DR: In this article, the authors use an OLG model of endogenous growth in open economies with borrowing constraints that can generate both positive and negative growth effects of capital inflows, and provide a quantitative analysis of these constraints and some policy implications.
Journal ArticleDOI
Advances in growth and macroeconomic dynamics: In memory of Carine Nourry
TL;DR: This special issue of Mathematical Social Sciences collects a selection of twelve original papers, covering different topics in growth and macroeconomic theories, and key related normative and positive themes, together with a brief overview of the corresponding research stream.
Peer Review
Remittances Review
TL;DR: In this paper , the authors investigated the effect of wages in the manufacturing sector on remittances outflows from high-Income Countries (HICs) by using both the fixed effects approach as well as the Least Squares Dummy Variables Corrected (LSDVC) estimator.
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Effect of External Shocks on the Predictability of Remittance Flows From Developed Countries
TL;DR: In this paper , the authors explored the effect of external shocks on the predictability of remittance outflows, by relying on an unbalanced panel of 24 developed countries over the period from 1996 to 2020.
References
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Motivations to Remit: Evidence from Botswana
Robert E. Lucas,Oded Stark +1 more
TL;DR: In this paper, a theory of motivations to send remittances is described and tested with data from Botswana, where altruism is one of the motivations tested and found to be an insufficient explanation for remittance among migrants in Botswana.
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Brain drain and economic growth: theory and evidence
TL;DR: In this paper, the authors focus on the impact of migration prospects on human capital formation and growth in a small, open developing economy and derive the theoretical conditions required for such a possibility to be observed.
Posted Content
Workers' Remitt ances: An Important and Stable Source of External Development Finance
TL;DR: The Global Development Finance flagship report of the World Bank as discussed by the authors highlighted that remittances provide a lifeline to many poor countries: they are larger than official development aid, they are counter-cyclical to the recipient country's economic cycle, and they can be leveraged for complementing development efforts.
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Are Immigrant Remittance Flows a Source of Capital for Development
TL;DR: In this paper, the authors developed a framework that links the motivation for remittances with their effect on economic activity and showed that remittance has a negative effect on the economic growth.
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Brain drain and human capital formation in developing countries : winners and losers
TL;DR: This article examined the impact of brain drain migration on human capital formation in developing countries and found evidence of a positive effect of skilled migration prospects on gross human capital creation in a cross-section of 127 countries.