Template-type: ReDIF-Paper 1.0 Author-Name: Ziesemer, Thomas Author-Email: ziesemer@merit.unu.edu Author-Workplace-Name: UNU-MERIT, Maastricht University Title: Remittances, lagged dependent variables and migration stocks as determinants of migration from developing countries Abstract: 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. Classification-JEL: F22, O15 Keywords: migration, remittances Series: UNU-MERIT Working Papers Creation-Date: 2009 Number: 007 File-URL: http://www.merit.unu.edu/publications/wppdf/2009/wp2009-007.pdf File-Format: application/pdf File-Size: 275 Kb Handle: RePEc:unm:unumer:2009007