04286oam 22011054 450 991097247130332120251116183944.0978661382605397814623639331462363938978145272693914527269309781283513609128351360997814519902871451990286(CKB)3360000000443597(EBL)3014327(SSID)ssj0000940114(PQKBManifestationID)11592418(PQKBTitleCode)TC0000940114(PQKBWorkID)10947104(PQKB)11760943(OCoLC)698585515(MiAaPQ)EBC3014327(IMF)WPIEE2006132(IMF)WPIEA2006132WPIEA2006132(EXLCZ)99336000000044359720020129d2006 uf 0engur|n|---|||||txtccrDeterminants of Emigrant Deposits in Cape Verde1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (28 p.)IMF Working PapersAt head of title: African Department."May 2006."9781451863925 1451863926 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 remittancesCape VerdeEmigration and immigrationEconomic aspectsCape VerdeBanks and BankingimfCurrencyimfDeposit ratesimfEmigration and ImmigrationimfEmigration and immigrationimfExports and ImportsimfFinanceimfForeign ExchangeimfForeign exchangeimfInterest ratesimfInterest Rates: Determination, Term Structure, and EffectsimfInternational economicsimfInternational financeimfInternational MigrationimfMigrationimfMigration, immigration & emigrationimfReal interest ratesimfRemittancesimfCabo VerdeimfEmigrant remittancesEmigration and immigrationEconomic aspectsBanks and BankingCurrencyDeposit ratesEmigration and ImmigrationEmigration and immigrationExports and ImportsFinanceForeign ExchangeForeign exchangeInterest ratesInterest Rates: Determination, Term Structure, and EffectsInternational economicsInternational financeInternational MigrationMigrationMigration, immigration & emigrationReal interest ratesRemittancesInternational Monetary Fund.African Department.DcWaIMFBOOK9910972471303321Determinants of Emigrant Deposits in Cape Verde4372375UNINA