welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes … prediction of our model using panel data of bilateral remittances. Our theoretical prediction is supported by the data: there is …

is the correct specification for the analysis of migrants' savings and remittances rather than the conventional Tobit …This paper investigates the determinants of migrants' financial transfers to their home country using German data. A …. Moreover, while the effect of the household size on migrants' transfers abroad turns out to be significantly negative …