Remittances, Capital Flows and Financial Development during the Mass Migration Period, 1870-1913

This paper addresses the question whether the substantial financial flows received by emigration countries in the four decades running up to World War I contributed to domestic financial development in peripheral Europe. We quantify a sizable and significant relation between remittances and measures...

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Bibliographic details
Main Author: Esteves, Rui Pedro
Khoudour-Castéras, David
Format: Paper
Language: English
Place of publication: 01.06.2009
Related: CEPII research center
Data of publication: 2009/06
Series: Working Papers
Online Access: available in Bonn?
Database: RePEc
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