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reception of remittances facilitates taking up loans from formal or informal sources among Mexican households and finds positive … and statistically significant effects of remittances on borrowing and on the existence of debts. We address methodological … distance to train lines and labor market conditions in the US as exogenous determinants of remittances. …
Persistent link: https://www.econbiz.de/10010403217
A stylised fact in the development literature is that resource-constrained households in low-income countries invest very little in preventive healthcare. This paper investigates how the households trade off investment in their children's preventive healthcare during idiosyncratic shocks when...
Persistent link: https://www.econbiz.de/10012503074
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new harmonized data set collecting detailed information on...
Persistent link: https://www.econbiz.de/10010388544
Persistent link: https://www.econbiz.de/10012815160
We estimate the "unhedged interest rate exposure" (URE) of euro area households. The URE is a welfare metric that captures the extent to which households are exposed to changes in real interest rates, and reflects the direct gains and losses in interest income flows incurred by households after...
Persistent link: https://www.econbiz.de/10011963126
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10011972980
Persistent link: https://www.econbiz.de/10003526541
The assumption that remittances are a substitute for credit has been an implicit or explicit theoretical foundation of … many empirical studies on remittances. This paper directly tests this assumption by comparing the response to health … to health shocks. This finding is consistent with the view that remittances respond to households' demand for financing …
Persistent link: https://www.econbiz.de/10009526023
In policy discussions, it has frequently been claimed that migrants' remittances could function as a "catalyst" for … receiver of remittances worldwide. Using the Mexican Family Life Survey panel (MxFLS) for 2002 and 2005, the results from the … fixed effects logit model show that receiving remittances is strongly correlated with the ownership of savings accounts and …
Persistent link: https://www.econbiz.de/10009526024
Persistent link: https://www.econbiz.de/10003529079