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Bringing Home the Money: Xenophobia and Remittances: The Case of Germany

Author

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  • Elke Holst
  • Andrea Schäfer
  • Mechthild Schrooten

Abstract

The determinants of migrants' remittances are the subject of this study based on German SOEP data (2001-2006). In contrast to previous studies we analyze the motives for remittances not only for foreigners but also for the broader group of individuals with a personal migration background. Major findings are: First, concerns about xenophobia lead to higher remittances. Second, income and gender has no impact on the probability to remit. Third, the acquisition of German citizenship is positively related to the amount remitted. All inall, remittances seem to be part of a personal financial allocation scheme for risk reduction.

Suggested Citation

  • Elke Holst & Andrea Schäfer & Mechthild Schrooten, 2008. "Bringing Home the Money: Xenophobia and Remittances: The Case of Germany," SOEPpapers on Multidisciplinary Panel Data Research 92, DIW Berlin, The German Socio-Economic Panel (SOEP).
  • Handle: RePEc:diw:diwsop:diw_sp92
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.81743.de/diw_sp0092.pdf
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    Cited by:

    1. Giulia Bettin & Riccardo Lucchetti, 2012. "Intertemporal remittance behaviour by immigrants in Germany," Mo.Fi.R. Working Papers 75, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    2. World Bank, 2009. "Macedonia - Moving to Faster and More Inclusive Growth A Country Economic Memorandum : Main Report and Annex," World Bank Other Operational Studies 3067, The World Bank.
    3. Elke Holst & Andrea Schäfer & Mechthild Schrooten, 2010. "Gender, Transnational Networks and Remittances: Evidence from Germany," Discussion Papers of DIW Berlin 1005, DIW Berlin, German Institute for Economic Research.
    4. Eric Schuss, 2016. "Between Life Cycle Model, Labor Market Integration and Discrimination: An Econometric Analysis of the Determinants of Return Migration," SOEPpapers on Multidisciplinary Panel Data Research 881, DIW Berlin, The German Socio-Economic Panel (SOEP).
    5. Schuß, Eric, 2016. "Between Life Cycle Model, Labor Market Integration and Discrimination: An Econometric Analysis of the Determinants of Return Migration," Annual Conference 2016 (Augsburg): Demographic Change 145538, Verein für Socialpolitik / German Economic Association.

    More about this item

    Keywords

    Remittances; immigrant workers; household behavior;

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • D10 - Microeconomics - - Household Behavior - - - General

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