Remittances, Household Expenditure and Investment in Guatemala

This paper uses a nationally-representative household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from United States) affects the marginal spending behavior of households. Two findings emerge. First, controlling for selec...

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Main Authors:	Adams, Richard H., Jr., Cuecuecha, Alfredo
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Personal Finance D140 Remittances F240 Microeconomic Analyses of Economic Development O120 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160
Online Access:	http://hdl.handle.net/10986/5203

id	okr-10986-5203
recordtype	oai_dc
spelling	okr-10986-52032021-04-23T14:02:21Z Remittances, Household Expenditure and Investment in Guatemala Adams, Richard H., Jr. Cuecuecha, Alfredo Personal Finance D140 Remittances F240 Microeconomic Analyses of Economic Development O120 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 This paper uses a nationally-representative household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from United States) affects the marginal spending behavior of households. Two findings emerge. First, controlling for selection and endogeneity, households receiving international remittances spend less at the margin on one key consumption good--food--compared to what they would have spent on this good without remittances. Second, households receiving either internal or international remittances spend more at the margin on two investment goods--education and housing--compared to what they would have spent on these goods without remittances. These findings support the growing view that remittances can help increase the level of investment in human and physical capital in remittance-receiving countries. 2012-03-30T07:31:47Z 2012-03-30T07:31:47Z 2010 Journal Article World Development 0305750X http://hdl.handle.net/10986/5203 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Guatemala
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Personal Finance D140 Remittances F240 Microeconomic Analyses of Economic Development O120 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160
spellingShingle	Personal Finance D140 Remittances F240 Microeconomic Analyses of Economic Development O120 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Adams, Richard H., Jr. Cuecuecha, Alfredo Remittances, Household Expenditure and Investment in Guatemala
geographic_facet	Guatemala
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper uses a nationally-representative household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittances (from United States) affects the marginal spending behavior of households. Two findings emerge. First, controlling for selection and endogeneity, households receiving international remittances spend less at the margin on one key consumption good--food--compared to what they would have spent on this good without remittances. Second, households receiving either internal or international remittances spend more at the margin on two investment goods--education and housing--compared to what they would have spent on these goods without remittances. These findings support the growing view that remittances can help increase the level of investment in human and physical capital in remittance-receiving countries.
format	Journal Article
author	Adams, Richard H., Jr. Cuecuecha, Alfredo
author_facet	Adams, Richard H., Jr. Cuecuecha, Alfredo
author_sort	Adams, Richard H., Jr.
title	Remittances, Household Expenditure and Investment in Guatemala
title_short	Remittances, Household Expenditure and Investment in Guatemala
title_full	Remittances, Household Expenditure and Investment in Guatemala
title_fullStr	Remittances, Household Expenditure and Investment in Guatemala
title_full_unstemmed	Remittances, Household Expenditure and Investment in Guatemala
title_sort	remittances, household expenditure and investment in guatemala
publishDate	2012
url	http://hdl.handle.net/10986/5203
_version_	1764394298658258944

Remittances, Household Expenditure and Investment in Guatemala

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