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http://hdl.handle.net/10419/28343
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| Title: | | What determines the choice of transfer channel for migrant remittances? The case of Moldova  |
| Authors: | | Siegel, Melissa Lücke, Matthias |
| Issue Date: | | 2009 |
| Citation: | | [Series:] Kiel working paper [No.:] 1515 [Editor:] Kiel Inst. for the World Economy, Kiel |
| Series/Report no.: | | Kiel working paper 1515 |
| Abstract: | | We estimate a multinomial logit model to explain the choice of transfer channel (formal services vs. informal operators or personal transfers) by 1139 pairs of migrants and recipients of remittances in Moldova in 2006. Explanatory variables include socioeconomic characteristics of the migrant and other household members, the pattern of migration (destination country, legal status, duration) and financial information (average amount and frequency of payments). Key reasons not to use a formal transfer channel include an emphasis on low transfer cost (rather than speed, convenience, or security), a migrant’s irregular legal status in the host country, and short migration spells. |
| Subjects: | | Migration remittances Moldova transfer channel money transfer operator financial sector development |
| JEL: | | F22 F24 O16 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW Economists Online
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