04061oam 22010094 450 991078841150332120230828232658.01-4623-6393-81-4527-2693-01-283-51360-997866138260531-4519-9028-6(CKB)3360000000443597(EBL)3014327(SSID)ssj0000940114(PQKBManifestationID)11592418(PQKBTitleCode)TC0000940114(PQKBWorkID)10947104(PQKB)11760943(OCoLC)698585515(MiAaPQ)EBC3014327(IMF)WPIEE2006132(EXLCZ)99336000000044359720020129d2006 uf 0engur|n|---|||||txtccrDeterminants of Emigrant Deposits in Cape VerdeWashington, D.C. :International Monetary Fund,2006.1 online resource (28 p.)IMF Working PapersAt head of title: African Department."May 2006."1-4518-6392-6 Includes bibliographical references (p. 15-16).""Contents""; ""I. INTRODUCTION""; ""II. EVIDENCE ON EMIGRANT DEPOSITS""; ""III. DATA AND METHODOLOGY""; ""IV. EMPIRICAL FINDINGS""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""; ""VI. REFERENCES""In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This paper studies the long-run determinants of emigrant deposits with respect to risk, wealth, and return variables, isolating speculative and altruistic motives underlying the accumulation of flows. The study suggests that the temporary character of recent emigration is responsible for the rise in the share of flows driven by altruism. Finally, the paper discusses policy implications in light of the empirical findings and the recent literature on this topic.IMF Working Papers; Working Paper ;No. 2006/132Emigrant remittancesCabo VerdeEmigration and immigrationEconomic aspectsCabo VerdeBanks and BankingimfExports and ImportsimfForeign ExchangeimfEmigration and ImmigrationimfInternational MigrationimfInterest Rates: Determination, Term Structure, and EffectsimfRemittancesimfMigration, immigration & emigrationimfFinanceimfInternational economicsimfCurrencyimfForeign exchangeimfMigrationimfReal interest ratesimfDeposit ratesimfEmigration and immigrationimfInterest ratesimfInternational financeimfCabo VerdeimfEmigrant remittancesEmigration and immigrationEconomic aspectsBanks and BankingExports and ImportsForeign ExchangeEmigration and ImmigrationInternational MigrationInterest Rates: Determination, Term Structure, and EffectsRemittancesMigration, immigration & emigrationFinanceInternational economicsCurrencyForeign exchangeMigrationReal interest ratesDeposit ratesEmigration and immigrationInterest ratesInternational financeInternational Monetary Fund.African Dept.DcWaIMFBOOK9910788411503321Determinants of Emigrant Deposits in Cape Verde3802251UNINA