Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka

This paper explores the developmental impacts of international remittance income on the recipient households. The empirical analysis proceeds in two parts. In the first part, we show that remittance income largely accrues to the families belonging to the bottom quintiles of the income distribution h...

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Bibliographic Details
Main Authors:	De, Prabal K., Ratha, Dilip
Format:	Journal Article
Language:	en_US
Published:	Taylor and Francis 2013
Subjects:	remittances development migration asset formation
Online Access:	http://hdl.handle.net/10986/13368

id	okr-10986-13368
recordtype	oai_dc
spelling	okr-10986-133682021-04-23T14:03:08Z Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka De, Prabal K. Ratha, Dilip remittances development migration asset formation This paper explores the developmental impacts of international remittance income on the recipient households. The empirical analysis proceeds in two parts. In the first part, we show that remittance income largely accrues to the families belonging to the bottom quintiles of the income distribution helping the recipient families move up the income ladder. In the second part, we show that remittance income has positive and significant effect on children health and education, but not on conspicuous consumption or asset accumulation. We argue that remittance income is targeted better and not as fungible as other sources of transfer income, as the senders closely monitor it. We use bias-corrected matching estimators to control for self-selection issues. 2013-05-10T19:05:00Z 2013-05-10T19:05:00Z 2012-10-25 Journal Article Migration and Development 2163-2324 http://hdl.handle.net/10986/13368 en_US Migration and Development;1(1) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Sri Lanka
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	remittances development migration asset formation
spellingShingle	remittances development migration asset formation De, Prabal K. Ratha, Dilip Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
geographic_facet	Sri Lanka
relation	Migration and Development;1(1)
description	This paper explores the developmental impacts of international remittance income on the recipient households. The empirical analysis proceeds in two parts. In the first part, we show that remittance income largely accrues to the families belonging to the bottom quintiles of the income distribution helping the recipient families move up the income ladder. In the second part, we show that remittance income has positive and significant effect on children health and education, but not on conspicuous consumption or asset accumulation. We argue that remittance income is targeted better and not as fungible as other sources of transfer income, as the senders closely monitor it. We use bias-corrected matching estimators to control for self-selection issues.
format	Journal Article
author	De, Prabal K. Ratha, Dilip
author_facet	De, Prabal K. Ratha, Dilip
author_sort	De, Prabal K.
title	Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
title_short	Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
title_full	Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
title_fullStr	Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
title_full_unstemmed	Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka
title_sort	impact of remittances on household income, asset and human capital: evidence from sri lanka
publisher	Taylor and Francis
publishDate	2013
url	http://hdl.handle.net/10986/13368
_version_	1764423328180731904

Impact of Remittances on Household Income, Asset and Human Capital: Evidence from Sri Lanka

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