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Determinants of Emigrant Deposits in Cape Verde



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Titolo: Determinants of Emigrant Deposits in Cape Verde Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica: 1 online resource (28 p.)
Soggetto topico: Emigrant remittances - Cabo Verde
Emigration and immigration - Economic aspects - Cabo Verde
Banks and Banking
Exports and Imports
Foreign Exchange
Emigration and Immigration
International Migration
Interest Rates: Determination, Term Structure, and Effects
Remittances
Migration, immigration & emigration
Finance
International economics
Currency
Foreign exchange
Migration
Real interest rates
Deposit rates
Emigration and immigration
Interest rates
International finance
Soggetto geografico: Cabo Verde
Note generali: At head of title: African Department.
"May 2006."
Nota di bibliografia: Includes bibliographical references (p. 15-16).
Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. EVIDENCE ON EMIGRANT DEPOSITS""; ""III. DATA AND METHODOLOGY""; ""IV. EMPIRICAL FINDINGS""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""; ""VI. REFERENCES""
Sommario/riassunto: 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.
Titolo autorizzato: Determinants of Emigrant Deposits in Cape Verde  Visualizza cluster
ISBN: 1-4623-6393-8
1-4527-2693-0
1-283-51360-9
9786613826053
1-4519-9028-6
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788411503321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2006/132