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| McCoy, Adam; Nziramasanga, Mudziviri; Yoder, Jonathan K.. |
| Mexico has reported workers remittances to equal $16.6 billion in 2004, which constitutes nearly 2.5 percent of Mexicos GDP, exceeding the inflows from direct foreign investment and aid. We develop a model of remittances based on a net income concept. The model is used to generate a series of testable hypotheses. We test these hypotheses using what we term a type II generalized ordered probit model based on survey data for Mexican Migrants. Our results are generally consistent with standard utility maximization theory, and more specifically are consistent with a net income hypothesis. we find, for example, that migrant income is a strong positive determinant of remittance levels except for the lowest remittance category. We also find that migrants... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Labor and Human Capital. |
| Ano: 2007 |
URL: http://purl.umn.edu/9796 |
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