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What Affects the Remittances of Turkish Workers: Turkish or German Output?

Sule Akkoyunlu and Konstantin Kholodilin ()

No 622, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: In this paper we examine the interactions between the remittances of the Turkish workers in Germany and the output both in Turkey and in Germany. In our analysis we use the new data set provided by the German monetary authorities, which was never before employed in the literature and which we consider as a more reliable source than the data sets used in the other studies. We show that the remittances positively respond to the changes in the German output and do not react at all to the changes in Turkish output. This finding is consistent with the "remittance maximization" and "inheritance" motives of the migrants' behavior.

Keywords: Migration; remittances; Turkey; Germany (search for similar items in EconPapers)
JEL-codes: E32 F22 J61 (search for similar items in EconPapers)
Pages: III, 22 p.
Date: 2006
New Economics Papers: this item is included in nep-cba, nep-cwa and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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