Description |
1 online resource (34 pages) : illustrations |
Series |
IMF working paper, 2227-8885 ; WP/04/194 |
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IMF working paper ; WP/04/194.
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Contents |
""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL AND ITS MAIN IMPLICATIONS""; ""III. THE EMPIRICAL INVESTIGATION ""; ""IV. CONCLUSION AND POLICY IMPLICATIONS""; ""REFERENCES"" |
Summary |
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 |
Bibliography |
Includes bibliographical references |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Emigrant remittances -- Morocco
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Wages -- Morocco
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Emigrant remittances
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Wages
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Morocco
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Form |
Electronic book
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Author |
International Monetary Fund. Middle East and Central Asia Department.
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ISBN |
1451905254 |
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9781451905250 |
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9781451859898 |
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1451859899 |
ISSN |
2227-8885 |
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