In regressions for net immigration flows of developing countries we show
that (i) savings finance emigration and worker remittances serve to make
staying rather than migrating possible until a certain value, beyond
which the opposite holds; (ii) lagged dependent migration flows have a
negative sign even in the presence of migration stock variables; (iii)
migration stocks have S-shaped effects: at sufficiently low values
higher migration stocks support emigration; beyond a threshold value
they support net immigration before they possibly support emigration
again after a second threshold value.
JEL-code: F22, O15. Keywords: migration, remittances.
UNU-MERIT Working Papers ISSN 1871-9872