How Interest Rates Shape Remittance Behaviour of Immigrant Workers in Thailand: A Theoretical Framework

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63549178" target="_blank" >RIV/70883521:28120/22:63549178 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

How Interest Rates Shape Remittance Behaviour of Immigrant Workers in Thailand: A Theoretical Framework

Popis výsledku v původním jazyce

Little is known about the theoretical aspect of immigrants’ remittance behavior in response to interest rate policies of the host country Thailand. This article aims to examine how the interest rate policies of Thailand shape remittance behavior of immigrant workers by using the two-period remittance-saving model. According to the model, a migrant decides how much to remit and save while holding consumption constant. The results are that (i) the increase in interest rate reduce remittance flows in the current period, while the flows in the future period are ambiguous for the case of borrowing (legal) migrants; (ii) for the saving migrants, the rise in interest rate in the current period increase remittance flows in the future, while the current remittance flows are unclear; (iii) remittances sent by illegal migrants are expected to be free from interest rate policies. The limitation of the framework is that it fails to incorporate factors in the home countries, such as interest rates and incomes of remittance recipients.

Název v anglickém jazyce

How Interest Rates Shape Remittance Behaviour of Immigrant Workers in Thailand: A Theoretical Framework

Popis výsledku anglicky

Little is known about the theoretical aspect of immigrants’ remittance behavior in response to interest rate policies of the host country Thailand. This article aims to examine how the interest rate policies of Thailand shape remittance behavior of immigrant workers by using the two-period remittance-saving model. According to the model, a migrant decides how much to remit and save while holding consumption constant. The results are that (i) the increase in interest rate reduce remittance flows in the current period, while the flows in the future period are ambiguous for the case of borrowing (legal) migrants; (ii) for the saving migrants, the rise in interest rate in the current period increase remittance flows in the future, while the current remittance flows are unclear; (iii) remittances sent by illegal migrants are expected to be free from interest rate policies. The limitation of the framework is that it fails to incorporate factors in the home countries, such as interest rates and incomes of remittance recipients.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

International Doctoral Seminar 2022 Proceedings

ISBN

978-80-8096-292-0

ISSN

—

e-ISSN

—

Počet stran výsledku

10

Strana od-do

130-139

Název nakladatele

AlumniPress Materiálovotechnologická fakulta STU

Místo vydání

Trnava

Místo konání akce

Smolenice Castle

Datum konání akce

27. 4. 2022

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

—