• citations in SCIndeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:0
  • full-text downloads in 30 days:0


article: 7 from 8  
Back back to result list
2010, vol. 7, iss. 1, pp. 247-262
The microeconomics of migrants' remittances
Megatrend University, Faculty of International Economics, Belgrade
Keywords: remittances; migration; income distribution; private transfers
Migrants' remittances represent a fundamental source of external financing for less developed countries. This paper analyzes the motives that drive migrants to transfer a part of their income to their families back home. Besides altruism, other individual motives are also analyzed, such as pure self-interest, exchange, strategic motive and inheritance. Other motives that form a part of familial arrangements are also reviewed, such as coinsurance and loan repayment. The determinants of variously motivated remittances also vary, which is especially important when predicting their future dynamics. Thus, a good knowledge of the microeconomics of remittances is also of particular importance in determining their macroeconomic implications.
Benerjee, B. (1984) The probability, size and uses of remittances of urban to rural areas in India. Journal of Development Economics, 16, str. 293-311
Bouhga-Hagbe, J. (2006) Altruism and workers remittances: Evidence from selected countries in the Middle East and central Asia. IMF Working Paper, br. 06/130
Docquier, F., Rapoport, H. (1998) Are migrant minorities strategically selfselected?. Population Economics, br. 11, str. 579-588
Garip, F. (2006) Social and economic determinants of migration and remittances: An analysis of 22 Thai villages. Princeton University, Department of Sociology
Hagen-Zanker, J., Siegel, M. (2007) The determinants of remittances: A Review of the Literature. Maastricht Graduate School of Governance, Working Paper, br. 2007/003
Holst, E., Schäfer, A., Schrooten, M. (2008) Gender, migration, remittances: Evidence from Germany. SOEP, Paper br. 111, Discussion Paper br. 800
International Monetary Fund (2008) Balance of payments and international investment position manual. Washington, D.C, Dec, PM6
Lucas, R.E.B., Stark, O. (1985) Motivation to remit: Evidence from Botswana. Journal of Political Economy, No. 93, str. 901-918
Niimi, Y., Özden, Ç. (2006) Migration and remittances: Causes and linkages. World Bank, Policy Research Working Paper br. 4087
Piracha, M., Zhu, Y. (2008) Precautionary savings by natives and immigrants in Germany. University of Kent Department of Economics Discussion, Papers KDPE 0821
Poirine, B. (1997) A theory of remittances as an implicit family loan arrangement. World Development, 25, 5, str. 589-611
Rapoport, H., Docquier, F. (2005) The economics of remittances. IZA, Discussion Paper br. 1531
Stark, O. (1995) Altruism and beyond: An economic analysis of transfers and exchanges within families and groups. Cambridge: Cambridge University Press
The World Bank (2009) Migration and development brief 10. Washington, DC, July 13th
The World Bank (2008) Migration and Remittances Factbook 2008. Washington


article language: Serbian, English
document type: Original Scientific Paper
published in SCIndeks: 04/08/2010

Related records

No related records