EconStor >
Rheinische Friedrich-Wilhelms-Universität Bonn >
Zentrum für Europäische Integrationsforschung (ZEI), Universität Bonn >
ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/39480
  
Title:Remittances as investment in the absence of altruism PDF Logo
Authors:González-König, Gabriel
Issue Date:2005
Series/Report no.:ZEI working paper B 08-2005
Abstract:In the absence of altruism, there is no obvious reason why a migrant should remit part of his income to his family for investment at the home location. If the family invests such income (in housing for example), why would they give it back to the migrant when he returns? This paper is based on the idea that certain people at a migrant's home location may punish those families who do not return those investments in order to prevent their own possibilities of receiving future remittances and investments from being adversely affected. We find that in equilibrium we can have remittances to be invested and given back to the migrant and remittances for private consumption by the migrant's family even in the complete absence of altruism on either the part of the migrant or his family.
Subjects:Remittances
Altruism
Migration
JEL:J61
Document Type:Working Paper
Appears in Collections:ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn

Files in This Item:
File Description SizeFormat
512933901.pdf344.48 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/39480

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.