Artikel

Financial development and the end-use of migrants' remittances

This study examines how the level of financial development in a community affects households' decisions over how remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for productive investments or to purchase assets. Increasing the size of the financial sector in communities with banks present increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are used for general consumption. Finally, I find that the services offered by banks also affect the likelihood of using remittances for productive investment, purchasing assets, and general consumption.

Sprache
Englisch

Erschienen in
Journal: IZA Journal of Labor & Development ; ISSN: 2193-9020 ; Volume: 3 ; Year: 2014 ; Pages: 1-25 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Remittances
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Household Behavior and Family Economics: Other
Thema
Remittances
Financial development
Mexico

Ereignis
Geistige Schöpfung
(wer)
Coon, Michael
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2014

DOI
doi:10.1186/2193-9020-3-7
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Coon, Michael
  • Springer

Entstanden

  • 2014

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