eprintid: 14287 rev_number: 28 eprint_status: archive userid: 600 dir: disk0/00/01/42/87 datestamp: 2009-03-25 14:29:34 lastmod: 2015-07-19 02:07:37 status_changed: 2009-03-25 14:29:34 type: working_paper metadata_visibility: show creators_name: Docquier, F. creators_name: Rapoport, H. creators_name: Shen, I.-L. title: Remittances and inequality: a dynamic migration model ispublished: pub subjects: 12040 keywords: JEL Classification: O11, O15, J61, D31. Migration, remittances, inequality abstract: We develop a model to study the effects of migration and remittances on inequality in the origin communities. While wealth inequality is shown to be monotonically reduced along the time-span, the short- and the long-run impacts on income inequality may be of opposite signs, suggesting that the dynamic relationship between migration/remittances and inequality may well be characterized by an inverse U-shaped pattern. This is consistent with the findings of the empirical literature, yet offers a different interpretation from the usually assumed migration network effects. With no need to endogenize migration costs through the role of migration networks, we generate the same result via intergenerational wealth accumulation. date: 2006-12 publisher: Centre for Research and Analysis of Migration official_url: http://www.econ.ucl.ac.uk/cream/publicationsdiscussionpapers.htm oa_status: green language: eng primo: open primo_central: open_green full_text_status: public series: Discussion Paper Series number: 14/06 place_of_pub: London, UK citation: Docquier, F.; Rapoport, H.; Shen, I.-L.; (2006) Remittances and inequality: a dynamic migration model. (Discussion Paper Series 14/06). Centre for Research and Analysis of Migration: London, UK. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/14287/1/14287.pdf