Sending money home: Transaction cost and remittances to developing countries

Remittances and savings in migrant-sending countries

The economies of a number of Pacific island countries have become increasingly dependent on the remittance of migrants. A series of recent International Labour Office research projects in the South Pacific focused on two countries—Tonga and Western Samoa (Brown 1994). Recommendations from these insights serve as a basis for a policy dialogue with the financial authorities of Pacific island coun...

Sending money home: a mixed-Methods study of remittances by migrant nurses in Ireland

BACKGROUND This paper presents data on the remittances sent by migrant nurses to their families "back home". It gives voice to the experiences of migrant nurses and illustrates the financial obligations they maintain while working overseas. Although the international economic recession has decreased global remittance flows, they remain resilient. Drawing on the experiences of migrant nurses in ...

Ferrieri's Index of Openness Applied to Remittances to Developing Countries

Immigrant remittances and the venture investment environment of developing countries

Received: 29 May 2010 Revised: 1 May 2011 Accepted: 18 July 2011 Online publication date: 8 September 2011 Abstract Despite the increasing importance of financial and social remittances to developing countries, their impact on home-country venture-investing environments has been largely overlooked. I develop a framework grounded in transaction costs economics and social knowledge theories to in...

Do Transfer Costs Matter for Foreign Remittances? A Gravity Model Approach

Using bilateral data on remittance flows to Pakistan for 23 major host countries, in the first study of its kind, the authors examine the effect of transaction costs on foreign remittances. They find that the effect of transaction costs on remittance flows is negative and significant; suggesting that a high cost will either refrain migrant’s from sending money back home or make them remit throu...