Determinants of Remittances : Recent Evidence Using Data on Internal Migrants in Vietnam
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World Bank, Washington, DC
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This 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 send remittances 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.
Palabras clave
ACCESS TO SAVINGS, AGRICULTURAL SECTOR, AMOUNT OF REMITTANCES, ANNUAL REMITTANCES, AVERAGE SIZE OF REMITTANCES, BANKS, BORROWING, CAPITAL MARKET, CHILD-CARE, COLLEGE DEGREE, COLLEGE EDUCATION, COOPERATIVES, DEMOGRAPHIC COMPOSITION, DETERMINANTS OF REMITTANCES, DIVERSIFICATION, DUMMY VARIABLE, DUMMY VARIABLES, EARNINGS, ECONOMIC AGENTS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, ECONOMIC REFORMS, ECONOMIC STATUS, ECONOMIC UNCERTAINTY, EDUCATION LEVEL, ELDERLY, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT STATUS, ETHNIC GROUP, EXPENDITURES, FAMILIES, FAMILY MEMBERS, FARMERS, FINANCIAL FLOWS, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FOREIGN DIRECT INVESTMENT, GENDER, GOVERNMENT SUBSIDIES, HEALTH INSURANCE, HOME COUNTRY, HOUSEHOLD INCOMES, HOUSEHOLD INVESTMENT, HOUSEHOLD POVERTY, HOUSEHOLD SIZE, HOUSEHOLD SURVEYS, HOUSEHOLD WELFARE, HOUSEHOLDS, HUMAN CAPITAL, HUMAN RESOURCES, IMMIGRANT, IMMIGRANTS, IMMIGRATION, IMPACT OF MIGRATION, IMPORTANCE OF REMITTANCES, INCOME, INCOME SHOCKS, INEQUALITY, INFORMAL SECTOR, INHERITANCE, INTERNAL MIGRANTS, INTERNAL MIGRATION, INTERNATIONAL BANK, INTERNATIONAL DEVELOPMENT, INTERNATIONAL MIGRANTS, INTERNATIONAL REMITTANCES, INVESTMENT FLOWS, JOB CREATION, LABOR FORCE, LABOR MARKET, LABOR MARKETS, LABOUR SUPPLY, LAM, LAND REFORM, LARGE CITIES, LEGAL STATUS, LIVING STANDARD, LIVING STANDARDS, LOAN, LOAN REPAYMENT, MAILING ADDRESS, MARITAL STATUS, MARKET CONDITIONS, MARKET ECONOMY, MARKET RISK, MIGRANT, MIGRANT HOUSEHOLDS, MIGRANT REMITTANCE, MIGRANT REMITTANCES, MIGRATION, MIGRATION DECISION, MIGRATION FLOWS, MIGRATION POLICIES, MIGRATION PROCESS, MIGRATORY MOVEMENTS, NUMBER OF MIGRANTS, OPPORTUNITY COST, PLACE OF RESIDENCE, POLICY IMPLICATIONS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL ECONOMY, POPULATION CENSUS, POPULATION DENSITY, POPULATION MOVEMENT, POSITIVE COEFFICIENT, POSITIVE COEFFICIENTS, POVERTY REDUCTION, PRIMARY EDUCATION, PROGRESS, PUBLIC SERVICES, QUALITY OF LIFE, RATE OF RETURN, RATES OF RETURN, RECEIPT, RECIPIENT HOUSEHOLDS, REFUGEE, REGISTRATION SYSTEM, REMITTANCE, REMITTANCE INFLOWS, REMITTANCES, REMITTERS, REPAYMENT, RESPECT, ROLE OF REMITTANCES, RURAL AREAS, RURAL DEVELOPMENT, RURAL HOUSEHOLDS, RURAL WELFARE, SAVINGS, SCHOOL AGE, SCHOOL-AGE CHILDREN, SECONDARY EDUCATION, SEND MONEY, SEND MONEY HOME, SEND REMITTANCES, SETTLEMENT, SOCIAL NETWORK, SOCIAL NETWORKS, SPOUSE, TEMPORARY MIGRANTS, TRADE LIBERALIZATION, TRANSFER OF GOODS, TRANSPORTATION, UNDP, UNITED NATIONS, URBAN AREAS, URBAN MIGRATION, VALUE OF REMITTANCES, VOLUME OF REMITTANCE FLOWS, VOLUME OF REMITTANCES, VULNERABILITY, WORKING MIGRANTS