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ambiguous net effects on decisions about work, investment, and education. These net effects, and their mechanisms, are poorly … with standard observational estimators. It finds large effects on spending, borrowing, and human capital investment, but no … effects on saving or entrepreneurship. Remittances appear to overwhelm household splitting as a causal mechanism …
Persistent link: https://www.econbiz.de/10012974781
This paper provides a review of the literature on the development impact of migration and remittances on origin … development implications for both sending and receiving countries. For a sending country, migration and the resulting remittances … development. Yet these gains might come at substantial social costs to the migrants and their families. Since many developing …
Persistent link: https://www.econbiz.de/10012976168
remittances to be used more effectively, and concerns about externalities from skilled workers being lost. As a result there is … migration options, developing new savings and remittance products that allow migrants more control over how their money is used …, and some efforts to provide financial education to migrants and their families. Suggestive evidence together with theory …
Persistent link: https://www.econbiz.de/10012972653
migrants are complicated by a double-selectivity problem: households self-select into migration, and among households involved …
Persistent link: https://www.econbiz.de/10012976835
Remittances are a major source of external finance for many developing countries but the cost of sending remittances … products and new cost comparison information sources rely heavily on the financial literacy of migrants. This paper presents … the results of a randomized experiment designed to measure the impact of providing financial literacy training to migrants …
Persistent link: https://www.econbiz.de/10012975228
underreporting is more prevalent in households with higher earning migrants. The discrepancy in earning reports is strongly … correlated with variation in remittances: greater underreporting by wives is associated with lower remittances. An exchange model … of remittances is developed with asymmetric information and costly state verification. The optimal remittance contract …
Persistent link: https://www.econbiz.de/10012966012
This paper analyzes the impact of international remittances on poverty and household consumption and investment using …, households receiving remittances in 2007 spent less at the margin on one important investment good -- housing -- compared with … variables approach to control for selection and endogeneity, it finds that international remittances have a large statistical …
Persistent link: https://www.econbiz.de/10012976360
eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances …This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are …
Persistent link: https://www.econbiz.de/10012973395
forecasting country-level remittance flows in a manner consistent with the medium-term outlook for the global economy. Remittances …
Persistent link: https://www.econbiz.de/10012976233
Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural … disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase … in the aftermath of natural disasters in countries that have a larger number of migrants abroad. Analysis of household …
Persistent link: https://www.econbiz.de/10012976824