Arbeitspapier

Remittances, exchange rates and the labor supply of Mexican Migrants in the U.S.

This paper assumes that migrants derive utility from their own consumption, their own leisure, and remittances to their family. It hypothesizes that the labor supply and remittances of Mexican migrants in the U.S. are jointly determined. Shits in real exchange rates affect the cost of sending a given real volume of remittances back to the family in the sending country. This in turn induces income and substitution effects on both remittances and labor supply. It is argued that the substitution effect would dominate. Therefore, under reasonable conditions, a real depreciation of the peso should lead to an increase in both remittances and labor supply. Empirical work using U.S. Census data and a data set containing information on Mexican migrants in the U.S. lends support to the theoretical predictions.

Sprache
Englisch

Erschienen in
Series: Harvard University Migration and Development Program Discussion Paper ; No. 33

Klassifikation
Wirtschaft
Microeconomic Behavior: Underlying Principles
Consumer Economics: Theory
Consumer Economics: Empirical Analysis
International Migration
Remittances
Foreign Exchange
International Monetary Arrangements and Institutions
Time Allocation and Labor Supply
Geographic Labor Mobility; Immigrant Workers
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Thema
Mexican migrants in the U.S.
Labor supply
Remittances
Exchange rate

Ereignis
Geistige Schöpfung
(wer)
Fox, Marc
Stark, Oded
Ereignis
Veröffentlichung
(wann)
1987

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fox, Marc
  • Stark, Oded

Entstanden

  • 1987

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