What determines the choice of transfer channel for migrant remittances? The case of Moldova

Arbeitspapier

We estimate a multinomial logit model to explain the choice of transfer channel (formal services vs. informal operators or personal transfers) by 1139 pairs of migrants and recipients of remittances in Moldova in 2006. Explanatory variables include socioeconomic characteristics of the migrant and other household members, the pattern of migration (destination country, legal status, duration) and financial information (average amount and frequency of payments). Key reasons not to use a formal transfer channel include an emphasis on low transfer cost (rather than speed, convenience, or security), a migrant’s irregular legal status in the host country, and short migration spells.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 1515

Classification and Topics

• Classification: Wirtschaft ; International Migration ; Remittances ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
• Subject: Migration ; remittances ; Moldova ; transfer channel ; money transfer operator ; financial sector development ; Rücküberweisung (Migranten) ; Internationaler Zahlungsverkehr ; Privater Transfer ; Moldawien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Siegel, Melissa ; Lücke, Matthias
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/28343
• Last update: 10.03.2025, 11:43 AM CET