Overseas employment and remittances to a dual economy.
Overseas employment has become more commonplace, and remittances have increased in similar proportions. For poor countries, remittances often substantially, influence domestic expenditures and real exchange rates. We study overseas employment, remittances and domestic underemployment in a simple g...
| Publicado en: | Economic Journal Vol. 110; pp. 509 - 535 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
April 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512957346&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512957346 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130133 EJN jtl: Economic Journal issn: 00130133 maglogo: N pubinfo: dt: April 2000 vid: 110 pid: 480 pub: Wiley-Blackwell artinfo: ui: 512957346 10.1111/1468-0297.00535 ppf: 509 ppct: 26 formats: tig: atl: Overseas employment and remittances to a dual economy. aug: au: McCormick, Barry Wahba, Jackline su: Remittances Mathematical models Resource allocation -- Mathematical models Foreign exchange sug: subj: Remittances Mathematical models Resource allocation -- Mathematical models Foreign exchange ab: Overseas employment has become more commonplace, and remittances have increased in similar proportions. For poor countries, remittances often substantially, influence domestic expenditures and real exchange rates. We study overseas employment, remittances and domestic underemployment in a simple general equilibrium model with a non-traded good and minimum wage. The influence of population growth, rural productivity, and family altruism are examined. If remittances per migrant exceed domestic productivity then multiple equilibria may occur exhibiting high or low overseas employment. We discuss how the equilibrium with highest overseas employment conditionally Pareto dominates the other equilibria, and analyse policy co-ordination. Reproduced by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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