Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51522 
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dc.contributor.authorKoechlin, Valerieen
dc.contributor.authorLeón, Gianmarcoen
dc.date.accessioned2010-02-23-
dc.date.accessioned2011-11-18T11:48:44Z-
dc.date.available2011-11-18T11:48:44Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/51522-
dc.description.abstractThe aim of this paper is to provide comprehensive empirical evidence on the relationship between international remittances and income inequality. In simple cross-country regressions we find a non-monotonic link between these two variables when using ordinary least squares, instrumental variables; we also test our hypothesis using dynamic panel data methods. We provide evidence in support of existing theoretical work that accounts for network effects that describe how, in the first stages of migration history, there is an inequality-increasing effect of remittances on income inequality. Then, as the opportunity cost of migrating is lowered due to these effects, remittances sent to those households have a negative impact on inequality. We also show how education and the development of the financial sector can help countries to reach the inequality-decreasing section of the curve more quickly. Our results are robust to several empirical specifications, as well as for a wide variety of inequality measures.en
dc.language.isoengen
dc.publisher|aInter-American Development Bank, Research Department |cWashington, DCen
dc.relation.ispartofseries|aWorking Paper |x571en
dc.subject.jelO1en
dc.subject.jelO15en
dc.subject.jelJ16en
dc.subject.ddc330en
dc.subject.keywordMigrationen
dc.subject.keywordInternational Remittancesen
dc.subject.keywordIncome distributionen
dc.titleInternational remittances and income inequality: An empirical investigation-
dc.typeWorking Paperen
dc.identifier.ppn58523454Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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