Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More
Two of the most salient trends in migration and development over the last two decades are the large rise in remittances and in the flow of skilled migrants. However, recent literature based on cross-country regressions has claimed that more educated migrants remit less, leading to concerns that furt...
Main Authors: | , , , |
---|---|
Format: | Journal Article |
Language: | en_US |
Published: |
World Bank
2013
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/13469 |
id |
okr-10986-13469 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-134692021-04-23T14:03:08Z Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More Bollard, Albert McKenzie, David Morten, Melanie Rapoport, Hillel Brain Drain country of origin developing countries Educated Migrants family composition family members illegal migrants immigrant immigrants immigration immigration policies impact of education migrant migration primary education remittance Remittances skill level skilled migrants tertiary education Two of the most salient trends in migration and development over the last two decades are the large rise in remittances and in the flow of skilled migrants. However, recent literature based on cross-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration will impede remittance growth. Microdata from surveys of immigrants in 11 major destination countries are used to revisit the relationship between education and remitting behavior. The data show a mixed pattern between education and the likelihood of remitting, and a strong positive relationship between education and amount remitted (intensive margin), conditional on remitting at all (extensive margin). Combining these intensive and extensive margins yields an overall positive effect of education on the amount remitted for the pooled sample, with heterogeneous results across destinations. The microdata allow investigation of why the more educated remit more, showing that the higher income earned by migrants, rather than family characteristics, explains much of the higher remittances. 2013-05-20T21:00:13Z 2013-05-20T21:00:13Z 2011-01-30 Journal Article World Bank Economic Review 1564-698X doi:10.1093/wber/lhr013 http://hdl.handle.net/10986/13469 en_US World Bank Economic Review;25(1) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
en_US |
topic |
Brain Drain country of origin developing countries Educated Migrants family composition family members illegal migrants immigrant immigrants immigration immigration policies impact of education migrant migration primary education remittance Remittances skill level skilled migrants tertiary education |
spellingShingle |
Brain Drain country of origin developing countries Educated Migrants family composition family members illegal migrants immigrant immigrants immigration immigration policies impact of education migrant migration primary education remittance Remittances skill level skilled migrants tertiary education Bollard, Albert McKenzie, David Morten, Melanie Rapoport, Hillel Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
relation |
World Bank Economic Review;25(1) |
description |
Two of the most salient trends in migration and development over the last two decades are the large rise in remittances and in the flow of skilled migrants. However, recent literature based on cross-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration will impede remittance growth. Microdata from surveys of immigrants in 11 major destination countries are used to revisit the relationship between education and remitting behavior. The data show a mixed pattern between education and the likelihood of remitting, and a strong positive relationship between education and amount remitted (intensive margin), conditional on remitting at all (extensive margin). Combining these intensive and extensive margins yields an overall positive effect of education on the amount remitted for the pooled sample, with heterogeneous results across destinations. The microdata allow investigation of why the more educated remit more, showing that the higher income earned by migrants, rather than family characteristics, explains much of the higher remittances. |
format |
Journal Article |
author |
Bollard, Albert McKenzie, David Morten, Melanie Rapoport, Hillel |
author_facet |
Bollard, Albert McKenzie, David Morten, Melanie Rapoport, Hillel |
author_sort |
Bollard, Albert |
title |
Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
title_short |
Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
title_full |
Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
title_fullStr |
Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
title_full_unstemmed |
Remittances and the Brain Drain Revisited : The Microdata Show That More Educated Migrants Remit More |
title_sort |
remittances and the brain drain revisited : the microdata show that more educated migrants remit more |
publisher |
World Bank |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/13469 |
_version_ |
1764423571996672000 |