Theoretical and Empirical Determinants of International Labour Mobility: A Greek-German Perspective

Katseli, Louka T.; Glytsos, Nicholas P.

doi:10.1007/978-1-349-10044-6_7

Cited by 42 publications

(33 citation statements)

References 6 publications

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“…However, Katseli and Glytsos (1986) find that remittances have an inverse relationship with inflation rate in Greece. Similarly, Ball et al, (2013) used a theoretical model and panel vector autoregression techniques to test the relationship between remittances, inflation and exchange rate regimes for 21 emerging countries.…”

Section: Empirical Literature Reviewmentioning

confidence: 77%

Effect of International Remittances on Inflation in Ghana Using the Bounds Testing Approach

Abdul-Mumuni

Quaidoo

2016

BER

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This paper empirically examines the effect of international remittances on inflation in Ghana from 1979 to 2013 by incorporating international remittances as an exogenous variable to the standard inflation function. Applying the bounds testing approach, the empirical results indicate that international remittances have a significant effect on inflation in the long-run. However, in the short-run, no significant relationship is evident between these two variables. The study recommends that in order to reduce the effect of international remittances on inflation rate and increase the impact on growth, the government should improve public infrastructure. By this, excessive transfer fees would reduce and these remittances could be channeled into more productive sectors rather than being used mainly for consumption purposes.

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Section: Empirical Literature Reviewmentioning

confidence: 77%

Effect of International Remittances on Inflation in Ghana Using the Bounds Testing Approach

Abdul-Mumuni

Quaidoo

2016

BER

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“…However, both studies find that remittances are negatively associated with the recipient's per capita GDP, consistent with the hypothesis that remittances play a role as negative shock absorbers. Katseli and Glytsos (1986) argued instead that remittances are negatively associated with the source country's income, source country's real interest rate, and the receiving country's inflation rate. El-Sakka and Mcnabb (1999) focus on the macro-level determinants of remittances in Egypt for the period 1967-1991 and find that exchange rate and interest rate differentials are important factors in attracting remittances.…”

Section: Geographical Distance and Transaction Costsmentioning

confidence: 99%

What Drives Bilateral Remittances to Pakistan? A Gravity Model Approach

Ahmed

Martínez‐Zarzoso

2014

SSRN Journal

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“…In some studies only the interest rates are significant Katseli and Glytsos (1989), Glytsos (1997), Abdel-Rahman (2003) and VargasSilva and Huang (2006). Yet other studies demonstrate the importance of the black market exchange rate or premium, Elbadawi and Rocha (1992), El-Sakka andMcNabb (1999), Aydas et al (2005) and Freund and Spatafora (2005).…”

Section: Literature Reviewmentioning

confidence: 99%

“…The main conclusion of Lucas and Stark (1985) is that only the mixture of motives offers an appropriate explanation of the Botswana's evidence. At the macro level, Katseli and Glytsos (1989) modelled remittances as a portfolio allocation choice, where the migrant decides on the proportion of wealth to remit to his country for the investment purposes. In this setup, the interest rates in home country and host country, the expectations about future exchange rate movements, and the degree of the migrants' risk aversion are assumed to determine remittances.…”

Section: Literature Reviewmentioning

confidence: 99%

Are Turkish Migrants Altruistic: Evidence from the Macro Data

Akkoyunlu

2010

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract We investigate in this paper whether the stable pattern of remittances over the last three decades can be explained by the altruistic behaviour. This possibility is tested by means of cointegration analysis, which is applied to Turkish remittances from Germany over the period . A single cointegrating relationship is found between the remittances of Turkish workers in Germany and the real Turkish GDP per capita, the real German GDP per capita, the stock of Turkish migrants in Germany, the real exchange rate, and the government instability. The negative coefficient associated with Turkish income and positive coefficients on the real exchange rate and political instability support the claim that Turkish remittances from Germany are altruistically motivated. In addition, we find that the coefficient on the stock of Turkish migrants to be equal to one. Terms of use: Documents in EconStor may

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Theoretical and Empirical Determinants of International Labour Mobility: A Greek-German Perspective

Cited by 42 publications

References 6 publications

Effect of International Remittances on Inflation in Ghana Using the Bounds Testing Approach

Effect of International Remittances on Inflation in Ghana Using the Bounds Testing Approach

What Drives Bilateral Remittances to Pakistan? A Gravity Model Approach

Are Turkish Migrants Altruistic: Evidence from the Macro Data

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