Back to Search
Start Over
Asymmetric Information about Migrant Earnings and Remittance Flows
- Source :
- Asymmetric Information about Migrant Earnings and Remittance Flows, Seshan, G & Zubrickas, R 2017, ' Asymmetric information about migration earnings and remittance flows ', World Bank Economic Review, vol. 31, no. 1, pp. 24-43 . https://doi.org/10.1093/wber/lhv032
- Publication Year :
- 2015
- Publisher :
- Oxford University Press (OUP), 2015.
-
Abstract
- Transnational families where one or more members are employed abroad while others remain back home are likely be characterized by a higher degree of private information relative to households where members are co-resident. Consequently, international migrants, who can only imperfectly monitor and control uses of remittances by family members left behind, may remit less money home if intra-household preferences differ. On the other hand, a sending household's inability to monitor the migrant's financial choices may enable him to privately spend more, thereby remitting less. Using a novel dataset of married male Indian migrants working in Qatar and their wives back home that were interviewed simultaneously but separately, the extent of information asymmetry with respect to overseas earnings is measured by the discrepancy between migrant's report of his earnings and his wife's account. We find that the greater the under-reporting of overseas income by the wife, expressed as a ratio of her account to his own, the lower the annual remittances sent home. The finding demonstrates how remittance flows can be affected by the presence of information gaps arising from imperfect monitoring of intra-household allocations. It also shows the mechanism by which remitters may vary the amount transferred home by exploiting the incomplete information recipients have of foreign earnings. Interventions that improve monitoring of intra-household allocations could potentially enhance the amount of remittances sent.
- Subjects :
- TRANSNATIONAL HOUSEHOLD
INCOME SHOCK
INVESTMENT
MIGRANT
LEVELS OF EDUCATION
Immigration
Psychological intervention
HOUSEHOLD TRANSFERS
LOAN CONTRACT
IMMIGRANTS
ANNUAL REMITTANCES
INFORMATIONAL ASYMMETRIES
MEASUREMENT
BUS OPERATOR
TRANSACTION COSTS
NUMBER OF MIGRANTS
REMITTANCE CONTRACTS
Economics
RISK AVERSION
POPULATION
health care economics and organizations
LAGS
media_common
MIGRANTS
INCOME
OUTCOMES
education.field_of_study
DISPOSABLE INCOME
TEMPORARY MIGRATION
IMMIGRATION POLICIES
REMITTANCE RECIPIENTS
RETURNS
INCENTIVES
INVESTORS
GUARANTEE
INCOME SHOCKS
SHARES
GOODS
AVERAGING
CHECK
BULLETIN
REMITTANCE FLOWS
EXCHANGES
RECIPIENT HOUSEHOLDS
INTERNAL MIGRANTS
media_common.quotation_subject
MIGRANT WORKERS
POLICY DISCUSSIONS
INCOMES
BORROWER
DEVELOPMENT ECONOMICS
Development
INHERITANCE
REMITTANCE
MARKETS
FINANCE
DEVELOPMENT
TEMPORARY MIGRANTS
MIGRANT LABOR
Complete information
COLLECTIVE REMITTANCES
REMITTANCE TRANSFER
TRANSFERS
EXTENDED FAMILY
OPTIMIZATION
education
OPTIMAL CONTRACT
PROGRESS
LABOR MARKET
FAMILY TIES
WORKSHOP
CONSUMPTION
DEBT CONTRACTS
DEVELOPMENT POLICY
DEBT
INCOME LEVELS
ASYMMETRIC INFORMATION
MARKET
ECONOMIC CONDITIONS
Remittance
PROPERTY
COMPETITIVE MARKETS
FAMILY MEMBERS
RETURN
Labour economics
FINANCIAL INFORMATION
MASCULINITY
PARTICIPATION CONSTRAINT
CDS
REMITTANCE USE
GDP
VARIABLES
PROPERTIES
Information asymmetry
OPTIMAL CONTRACTS
UTILITY FUNCTIONS
MARKET RETURNS
SPOUSE
POLITICAL ECONOMY
EXCHANGE
REPAYMENT SCHEDULE
LENDER
Private information retrieval
FINANCES
UTILITY
INFORMATIONAL ASYMMETRY
VALUE
REMITTANCES
POLICIES
CENTER FOR DEVELOPMENT
NEGATIVE INCOME SHOCKS
POLICY
MIGRANT NETWORKS
SOCIAL CONTROL
INFORMATION ASYMMETRY
GOOD
INSURANCE
USES OF REMITTANCES
RESPECT
ASYMETRIC INFORMATION
LOTTERY
Economics and Econometrics
MIGRATION
INCOME LEVEL
Control (management)
Population
HOUSEHOLD INCOME
SPOUSES
OPTION
Costly state verification
FINANCIAL STUDIES
ILLNESS
LOAN
POLICY RESEARCH
DEVELOPING COUNTRIES
INTERNATIONAL BANK
FUTURE
INTERNATIONAL MIGRATION
Accounting
CONTRACT
Wife
KNOWLEDGE
VARIATION IN REMITTANCES
POLICY RESEARCH WORKING PAPER
REPAYMENT
EXPECTATIONS
CONTRACTS
INVESTOR
Consumption (economics)
POSITIVE COEFFICIENT
DERIVATIVE
ECONOMICS
Earnings
INTEREST
LOAN DECISIONS
EXPECTED UTILITY
WORK EXPERIENCE
IMMIGRATION
URBAN MIGRATION
SHARE
Household income
Business
SOCIAL NETWORKS
HUSBANDS
EXPENDITURE
Finance
TRANSACTION
Subjects
Details
- ISSN :
- 1564698X and 02586770
- Database :
- OpenAIRE
- Journal :
- The World Bank Economic Review
- Accession number :
- edsair.doi.dedup.....541601a143415cdc0fcd5761d8864d91