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The global remittance network: an inflow and outflow analysis.

The global remittance network: an inflow and outflow analysis.

Authors :
Lillo, Felipe
Molina Garay, José Augusto
Source :
Journal of Mathematical Sociology. 2019, Vol. 43 Issue 2, p59-75. 17p. 3 Charts, 5 Graphs.
Publication Year :
2019

Abstract

Remittances are flows of money between immigrants and their relatives. A scarcely addressed topic related to human migration is the application of Network Flow Analysis (NFA) in the study of remittances. This study provides both a theoretical and empirical macro-level study of worldwide remittance flows. Theoretically, a remittance model used by the World Bank is probabilistically analyzed and useful probability bounds are derived. Empirically, a weighted graph model built from World Bank data delivers important insight on the remittance generative process, the highest remittance flow values and inflow-outflow remittance variations. This manuscript concludes by postulating that remittances potentially result from a multiplicative process and that techniques based on NFA provide novel ways of approaching remittance dynamics problems. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0022250X
Volume :
43
Issue :
2
Database :
Academic Search Index
Journal :
Journal of Mathematical Sociology
Publication Type :
Academic Journal
Accession number :
134919150
Full Text :
https://doi.org/10.1080/0022250X.2018.1496917