Autore
Snudden, Stephen

Titolo
Labor and behavior determinants of remittances in Saudi Arabia
Periodico
Economic notes
Anno: 2019 - Volume: 48 - Fascicolo: 3 - Pagina iniziale: 12145 - Pagina finale: 12145

Saudi Arabia is the second largest sender of international remittances. These remittances constitute large foreign capital inflows to labor-exporting remittee economies. This study is the first to structurally decompose remittance dynamics into behavioral and labor market outcomes of migrants. Remittance outflows are decomposed into migrant labor supply, unemployment and participation rates, wage earnings, and the marginal propensity to remit (MPR) out of migrant earnings. The estimates suggest that migrant labor supply is highly elastic. The important driver of remittance dynamics is the MPR, migrant wages, and the labor supply of migrants. The MPR is found to respond counter-cyclically to foreign gross domestic product



SICI: 0391-5026(2019)48:3<12145:LABDOR>2.0.ZU;2-T

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico