Determinants of remittances : recent evidence using data on internal migrants in Vietnam
AbstractThis paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the destination, their link to relatives back home, and the time spent at the destination affect remittances. The paper finds that migrants act as risk-averse economic agents and sendremittances back to the household of origin as part of an insurance exercise in the face of economic uncertainty. Remittances are also found to be driven by a migrant's labor market earnings level. The paper highlights the important role of remittances in providing an effective means of risk-coping and mutual support within the family.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4586.
Date of creation: 01 Apr 2008
Date of revision:
Population Policies; Access to Finance; Gender and Development; Debt Markets; Remittances;
Other versions of this item:
- Yoko Niimi & Thai Hung Pham & Barry Reilly, 2009. "Determinants of Remittances: Recent Evidence Using Data on Internal Migrants in Vietnam," Asian Economic Journal, East Asian Economic Association, vol. 23(1), pages 19-39, 03.
- NEP-ALL-2008-09-13 (All new papers)
- NEP-DEV-2008-09-13 (Development)
- NEP-MIG-2008-09-13 (Economics of Human Migration)
- NEP-TRA-2008-09-13 (Transition Economics)
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