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Secteur privé

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Français, English / 22/07/2011

Private sector

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Français, English / 22/07/2011

Investment opportunities in the source country and temporary migration

This paper examines how attractive investment opportunities available to temporary migrants at home affect their saving behaviour and the optimal duration of stay abroad. The model predicts an inverse U-shaped relationship between migration duration and the expected rate of return on repatriated savings. A higher rate provides an incentive to go back earlier and consume less abroad,…

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Français, English / 21/07/2011

Financial market imperfections and the impact of exchange rate movements on exports

This paper analyzes empirically the role of financial market imperfections in the way countries’ exports react to a currency depreciation. Using quarterly data for 27 developed and developing countries over the period 1990–2005, we find that the impact of a depreciation on exports will be less positive—or even negative—for a country if: (i) firms borrow in foreign currency; (ii) they…

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Français, English / 21/07/2011

Immigrant parents and children: an analysis of decisions related to return migration

It is not unusual for immigrants to leave the host country and resettle permanently in their country of origin. This paper examines the interaction among some of the key factors that influence the return decision of immigrant households. These include purely economic variables such as wages of the two countries and the costs and benefits of accumulating country-specific human capital…

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Français, English / 21/07/2011

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