Artikel
Do transfer costs matter for foreign remittances?
Using bilateral data on remittance flows to Pakistan for 23 major host countries, this is the first study that examines the effect of transaction costs on foreign remittances. The authors find that the effect of transaction costs on remittance flows is negative and significant; suggesting that a high cost will either refrain migrants from sending money back home or make them remit through informal channels. They also find that remittances are facilitated by the existence of migrant networks and improvements in home and host country financial services. Distance, which has been used in previous studies as an indicator of the cost of remitting, is found to be a poor proxy.
- Sprache
-
Englisch
- Erschienen in
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Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 10 ; Year: 2016 ; Issue: 2016-4 ; Pages: 1-36 ; Kiel: Kiel Institute for the World Economy (IfW)
- Klassifikation
-
Wirtschaft
International Migration
International Finance: General
Macroeconomic Analyses of Economic Development
- Thema
-
remittances
geographical distance
transaction cost
financial services
Pakistan
- Ereignis
-
Geistige Schöpfung
- (wer)
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Ahmed, Junaid
Martínez-Zarzoso, Inmaculada
- Ereignis
-
Veröffentlichung
- (wer)
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Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2016
- DOI
-
doi:10.5018/economics-ejournal.ja.2016-4
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Ahmed, Junaid
- Martínez-Zarzoso, Inmaculada
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2016
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