Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Krause says having religious friends leads to gratitude, which is associated with better health

Work by Bailey and Dynarski on growing income gap in graduation rates cited in NYT

Johnston says marijuana use by college students highest in 30 years

Highlights

Michigan's graduate sociology program tied for 4th with Stanford in USN&WR rankings

Jeff Morenoff makes Reuters' Highly Cited Researchers list for 2014

Susan Murphy named Distinguished University Professor

Sarah Burgard and former PSC trainee Jennifer Ailshire win ASA award for paper

Next Brown Bag

Monday, Sep 15
Dustin Brown (Michigan), Spousal Education, Adult Mortality Risk in USA

Dean Yang photo

Migrant Remittances

Publication Abstract

Yang, Dean. 2011. "Migrant Remittances." Journal of Economic Perspectives, 25(3): 129–52.

This article is about the economics of migrant remittances sent to developing countries. I review the overall magnitude of remittances and what current research reveals about the motivations for migrant remittances and what effects they have. I discuss field experimental evidence on migrant desires for control over the uses of their remittances. I highlight some key distinctive characteristics of remittances—such as their high frequency and relatively small individual magnitudes—as well as recent experimental evidence on the effect of reductions in remittance transaction fees, and outline a research agenda on the microeconomics of remittance decision making. Finally, I discuss what the future holds for remittances, considering aggregate trends but also approaches likely to be taken by international development agencies, national governments, the private sector, and academic economists.

DOI:10.1257/jep.25.3.129 (Full Text)

Browse | Search : All Pubs | Next