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The relevance of remittance inflows to CESEE countries: evidence from macro- and micro-level data

Anna Raggl

Focus on European Economic Integration, 2017, issue 2, 80–102

Abstract: In this study, a combined analysis of micro- and macro-level data on remittances is used to shed light on the relevance of such transfers in Central, Eastern and Southeastern European (CESEE) countries. In the early and mid-1990s, and more recently in the context of EU accession, CESEE countries experienced considerable out-migration, and remittances have become an important source of foreign exchange in these countries. Against this background, this study examines the relevance and nature of remittance inflows to CESEE. To this end, both the dispersion of remittances across individuals in a country (based on microdata from the OeNB Euro Survey) and the average amount received per recipient (estimated by combining micro- with macrodata) are assessed. By relating these two dimensions of remittances descriptively, we examine differences across countries and changes over time.

Keywords: remittances; emigration; intensive and extensive margin; CESEE (search for similar items in EconPapers)
JEL-codes: F24 F22 O57 (search for similar items in EconPapers)
Date: 2017
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