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Article Dans Une Revue Economics of Transition Année : 2012

Longitudinal evidence on financial expectations in Albania

Résumé

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.

Dates et versions

hal-03185432 , version 1 (31-03-2021)

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Citer

Laetitia Duval, François-Charles Wolff. Longitudinal evidence on financial expectations in Albania. Economics of Transition, 2012, 20 (1), pp.137-161. ⟨10.1111/j.1468-0351.2011.00413.x⟩. ⟨hal-03185432⟩
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