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Migration can be traced from time immemorial and affects both the places people leave and the places they move into, and is a powerful driver of economic, political and social change. Actual migration is constrained by the individual or household capability, including the financial or social...
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invest or to consume those remittances. Previous studies have devoted extensive attention to migrants' altruism toward … recipients and little to recipients' altruism toward migrants. We find that the migrant sends larger remittances home when he … that other household members in the home country likely consume rather than invest remittances if they are highly …
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This paper analyses incomes and socioeconomic status of internal migrants over time and in comparison to their new neighbors and investigates whether status consumption is a way for newly arrived city dwellers to signal their social standing. Using a novel dataset from the emerging economy of...
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