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 Authors: Esteves, R, Khoudour-Castéras, D
Format: Working paper
Language:English
Published: CEPII 2009