Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/34721 
Year of Publication: 
2007
Series/Report no.: 
IZA Discussion Papers No. 2966
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper investigates the determinants of migrants' financial transfers to their home country using German data. A double-hurdle model is applied to analyze the determinants of the propensity to send transfers abroad and the amount of transfers. The findings reveal that return intentions positively affect financial transfers of immigrants to their home country. Moreover, while the effect of the household size on migrants' transfers abroad turns out to be significantly negative, remittances are higher if close relatives live in the sending country. Finally, Vuong-tests indicate that the double-hurdle model is the correct specification for the analysis of migrants' savings and remittances rather than the conventional Tobit model usually applied in the literature.
Document Type: 
Working Paper

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