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dc.contributor.authorRios Avila, Fernandoen_US
dc.contributor.authorSchlarb, Evaen_US
dc.date.accessioned2008-10-16en_US
dc.date.accessioned2009-08-06T10:03:26Z-
dc.date.available2009-08-06T10:03:26Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/27025-
dc.description.abstractIn many developing countries, the formal financial sector is underdeveloped and majority of the population does not have access to it. This paper analyzes the empirical link between remittances and financial sector development on a microeconomic level. Using a unique household dataset for Moldova, we find that receiving monetary remittances has a positive and significant effect on the probability of having a bank account, thereby promoting financial sector development. Furthermore, we show that remittances tend to have an even higher positive effect on household savings, which is a sign for a hidden potential for financial sector development.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKiel advanced studies working papers 448en_US
dc.subject.ddc330en_US
dc.subject.stwRücküberweisung (Migranten)en_US
dc.subject.stwSparenen_US
dc.subject.stwFinanzsektoren_US
dc.subject.stwEntwicklungen_US
dc.subject.stwMoldawienen_US
dc.titleBank accounts and savings - the impact of remittances and migration: a case study of Moldovaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn582142652en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kiel Advanced Studies Working Papers, IfW

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