Work

Longitudinal evidence on financial expectations in Albania

Year: 2011

Type: article

Abstract: This article focuses on the effect of remittances on financial expectations in Albania using longitudinal data covering the period 2002–2004. To study the dynamics of income satisfaction at the household level, we use subjective data on past, current and future financial situations and estimate random and fixed effect ordered Probit models. We find that households are more optimistic about the future when they have experienced an improvement in their financial situation in the past and when they have received private transfers from foreign countries.

Source: Economics of Transition

DOI: 10.1111/j.1468-0351.2011.00413.x

Authors: Laetitia Duval, François‐Charles Wolff

Institutions: Université de Tours, Institut national d'études démographiques, Laboratoire d'Economie et de Management de Nantes Atlantique, Université de Nantes, Nantes Université

Language: English

Topic: Migration and Labor Dynamics

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: No poverty

Open Access status: green

OpenAlex ID: W3169861824