International migration and the role of remittances in Eastern Europe

Arbeitspapier

Many studies have addressed the effect of migration on both home and host countries, but few have focused on the effect of the economic flows derived from migration, especially for the Central and East European (CEE) countries. In this paper we analyse the effect of remittances on employment performance for CEE economies. To model the macro effects of remittances on the source country we proceed along the lines of Mancellari et al (1996) who extended the model of Aghion and Blanchard (1994) by adding migration. The impact of remittances on unemployment depends on its effect on productivity growth and entrepreneurial investment. In order to empirically analyse the impact of remittances we estimated a productivity equation using a set of 11 transition countries during the 1990-1999 period. We also analyse the impact of remittances on investment and consumption. Our results show support for the view that remittances have a positive impact on productivity and employment both directly and indirectly through its effect on investment.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Department of Economics Discussion Paper ; No. 01,13

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Geographic Labor Mobility; Immigrant Workers ; Economic Development: Human Resources; Human Development; Income Distribution; Migration
• Thema: Unemployment ; migration ; remittances ; Internationale Arbeitsmobilität ; Rücküberweisung (Migranten) ; Arbeitslosigkeit ; Ostmitteleuropa ; Makroökonomischer Einfluss

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): León-Ledesma, Miguel ; Piracha, Matloob
• Ereignis: Veröffentlichung
• (wer): University of Kent, Department of Economics
• (wo): Canterbury
• (wann): 2001

Weitere Informationen

• Handle: http://hdl.handle.net/10419/68107
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ