The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys
This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/06/7694723/impact-remittances-poverty-human-capital-evidence-latin-american-household-surveys http://hdl.handle.net/10986/7392 |
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okr-10986-73922021-04-23T14:02:33Z The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys Acosta, Pablo Fajnzylber, Pablo Lopez, J. Humberto ADULT EDUCATION AMOUNT OF REMITTANCES AMOUNTS OF REMITTANCES ANNUAL GROWTH BALANCE OF PAYMENTS BENEFITS OF REMITTANCES CAPITA INCOME CAPITA REMITTANCES CAPITAL ACCUMULATION CAPITAL FLOWS CAPITAL MARKETS COUNTERFACTUAL COUNTRY CHARACTERISTICS COUNTRY SPECIFIC COUNTRY SPECIFICITY CROSS COUNTRY CROSS COUNTRY ANALYSES CROSS COUNTRY PERSPECTIVE DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT EFFORTS DEVELOPMENT IMPACT OF REMITTANCES DEVELOPMENT INDICATORS DEVELOPMENT PRACTITIONERS DISTRIBUTION OF REMITTANCES ECONOMIC CONSEQUENCES EDUCATION LEVEL EDUCATIONAL ATTAINMENT EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EMPIRICAL EVIDENCE EMPIRICAL RESULTS ESTIMATED COEFFICIENTS EXCHANGE RATE FINANCIAL CONSTRAINTS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS GLOBAL LEVEL GROSS NATIONAL INCOME GROWTH RATES HEADCOUNT POVERTY HEALTH OUTCOMES HOME COUNTRIES HOUSEHOLD ASSETS HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF MIGRATION IMPACT OF REMITTANCES IMPORTANCE OF REMITTANCES INCOME DIMENSION INCOME DISTRIBUTION INCREASE IN REMITTANCES INEQUALITY LEVELS LABOR SUPPLY LATIN AMERICAN LONG RUN LOW-INCOME COUNTRIES MACROECONOMIC EFFECTS MIGRANT MIGRANT NETWORKS MIGRANTS MIGRATION MIGRATION PATTERNS NATIONAL ACCOUNTS NATIONAL POPULATION NATIONAL POVERTY NATIONAL POVERTY RATE NUMBER OF CHILDREN OFFICIAL DEVELOPMENT ASSISTANCE PER CAPITA INCOME PER CAPITA INCOME LEVELS POINT ESTIMATES POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR HOUSEHOLDS POTENTIAL MIGRANTS POVERTY EFFECTS POVERTY IMPACT POVERTY INDICATORS POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY MEASURE POVERTY RATE POVERTY RATES POVERTY REDUCING POVERTY REDUCTION POVERTY STATUS PRACTITIONERS PROGRESS RECIPIENT COUNTRIES RECIPIENT HOUSEHOLDS RECIPIENT OF REMITTANCES RECIPIENTS OF REMITTANCES RELATIVE IMPORTANCE REMITTANCE REMITTANCE RECIPIENTS REMITTANCES REMITTANCES FLOWS RESPECT SELECTION BIAS SIGNIFICANT IMPACT SIMULATIONS TOTAL AMOUNT OF REMITTANCES TRINIDAD AND TOBAGO VOLUME OF REMITTANCES WORKERS REMITTANCES This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration-the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modest; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population. 2012-06-07T15:15:47Z 2012-06-07T15:15:47Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/7694723/impact-remittances-poverty-human-capital-evidence-latin-american-household-surveys http://hdl.handle.net/10986/7392 English Policy Research Working Paper; No. 4247 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADULT EDUCATION AMOUNT OF REMITTANCES AMOUNTS OF REMITTANCES ANNUAL GROWTH BALANCE OF PAYMENTS BENEFITS OF REMITTANCES CAPITA INCOME CAPITA REMITTANCES CAPITAL ACCUMULATION CAPITAL FLOWS CAPITAL MARKETS COUNTERFACTUAL COUNTRY CHARACTERISTICS COUNTRY SPECIFIC COUNTRY SPECIFICITY CROSS COUNTRY CROSS COUNTRY ANALYSES CROSS COUNTRY PERSPECTIVE DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT EFFORTS DEVELOPMENT IMPACT OF REMITTANCES DEVELOPMENT INDICATORS DEVELOPMENT PRACTITIONERS DISTRIBUTION OF REMITTANCES ECONOMIC CONSEQUENCES EDUCATION LEVEL EDUCATIONAL ATTAINMENT EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EMPIRICAL EVIDENCE EMPIRICAL RESULTS ESTIMATED COEFFICIENTS EXCHANGE RATE FINANCIAL CONSTRAINTS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS GLOBAL LEVEL GROSS NATIONAL INCOME GROWTH RATES HEADCOUNT POVERTY HEALTH OUTCOMES HOME COUNTRIES HOUSEHOLD ASSETS HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF MIGRATION IMPACT OF REMITTANCES IMPORTANCE OF REMITTANCES INCOME DIMENSION INCOME DISTRIBUTION INCREASE IN REMITTANCES INEQUALITY LEVELS LABOR SUPPLY LATIN AMERICAN LONG RUN LOW-INCOME COUNTRIES MACROECONOMIC EFFECTS MIGRANT MIGRANT NETWORKS MIGRANTS MIGRATION MIGRATION PATTERNS NATIONAL ACCOUNTS NATIONAL POPULATION NATIONAL POVERTY NATIONAL POVERTY RATE NUMBER OF CHILDREN OFFICIAL DEVELOPMENT ASSISTANCE PER CAPITA INCOME PER CAPITA INCOME LEVELS POINT ESTIMATES POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR HOUSEHOLDS POTENTIAL MIGRANTS POVERTY EFFECTS POVERTY IMPACT POVERTY INDICATORS POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY MEASURE POVERTY RATE POVERTY RATES POVERTY REDUCING POVERTY REDUCTION POVERTY STATUS PRACTITIONERS PROGRESS RECIPIENT COUNTRIES RECIPIENT HOUSEHOLDS RECIPIENT OF REMITTANCES RECIPIENTS OF REMITTANCES RELATIVE IMPORTANCE REMITTANCE REMITTANCE RECIPIENTS REMITTANCES REMITTANCES FLOWS RESPECT SELECTION BIAS SIGNIFICANT IMPACT SIMULATIONS TOTAL AMOUNT OF REMITTANCES TRINIDAD AND TOBAGO VOLUME OF REMITTANCES WORKERS REMITTANCES |
| spellingShingle |
ADULT EDUCATION AMOUNT OF REMITTANCES AMOUNTS OF REMITTANCES ANNUAL GROWTH BALANCE OF PAYMENTS BENEFITS OF REMITTANCES CAPITA INCOME CAPITA REMITTANCES CAPITAL ACCUMULATION CAPITAL FLOWS CAPITAL MARKETS COUNTERFACTUAL COUNTRY CHARACTERISTICS COUNTRY SPECIFIC COUNTRY SPECIFICITY CROSS COUNTRY CROSS COUNTRY ANALYSES CROSS COUNTRY PERSPECTIVE DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT EFFORTS DEVELOPMENT IMPACT OF REMITTANCES DEVELOPMENT INDICATORS DEVELOPMENT PRACTITIONERS DISTRIBUTION OF REMITTANCES ECONOMIC CONSEQUENCES EDUCATION LEVEL EDUCATIONAL ATTAINMENT EFFECT OF REMITTANCES EFFECTS OF REMITTANCES EMPIRICAL EVIDENCE EMPIRICAL RESULTS ESTIMATED COEFFICIENTS EXCHANGE RATE FINANCIAL CONSTRAINTS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS GLOBAL LEVEL GROSS NATIONAL INCOME GROWTH RATES HEADCOUNT POVERTY HEALTH OUTCOMES HOME COUNTRIES HOUSEHOLD ASSETS HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL IMPACT OF MIGRATION IMPACT OF REMITTANCES IMPORTANCE OF REMITTANCES INCOME DIMENSION INCOME DISTRIBUTION INCREASE IN REMITTANCES INEQUALITY LEVELS LABOR SUPPLY LATIN AMERICAN LONG RUN LOW-INCOME COUNTRIES MACROECONOMIC EFFECTS MIGRANT MIGRANT NETWORKS MIGRANTS MIGRATION MIGRATION PATTERNS NATIONAL ACCOUNTS NATIONAL POPULATION NATIONAL POVERTY NATIONAL POVERTY RATE NUMBER OF CHILDREN OFFICIAL DEVELOPMENT ASSISTANCE PER CAPITA INCOME PER CAPITA INCOME LEVELS POINT ESTIMATES POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POOR HOUSEHOLDS POTENTIAL MIGRANTS POVERTY EFFECTS POVERTY IMPACT POVERTY INDICATORS POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY MEASURE POVERTY RATE POVERTY RATES POVERTY REDUCING POVERTY REDUCTION POVERTY STATUS PRACTITIONERS PROGRESS RECIPIENT COUNTRIES RECIPIENT HOUSEHOLDS RECIPIENT OF REMITTANCES RECIPIENTS OF REMITTANCES RELATIVE IMPORTANCE REMITTANCE REMITTANCE RECIPIENTS REMITTANCES REMITTANCES FLOWS RESPECT SELECTION BIAS SIGNIFICANT IMPACT SIMULATIONS TOTAL AMOUNT OF REMITTANCES TRINIDAD AND TOBAGO VOLUME OF REMITTANCES WORKERS REMITTANCES Acosta, Pablo Fajnzylber, Pablo Lopez, J. Humberto The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| geographic_facet |
Latin America & Caribbean |
| relation |
Policy Research Working Paper; No. 4247 |
| description |
This paper explores the impact of
remittances on poverty, education, and health in 11 Latin
American countries using nationally representative household
surveys and making an explicit attempt to account for one of
the inherent costs associated with migration-the potential
income that the migrant may have made at home. The main
findings of the study are the following: (1) regardless of
the counterfactual used remittances appear to lower poverty
levels in most recipient countries; (2) yet despite this
general tendency, the estimated impacts tend to be modest;
and (3) there is significant country heterogeneity in the
poverty reduction impact of remittances' flows. Among
the aspects that have been identified in the paper that may
lead to varying outcomes across countries are the percentage
of households reporting remittances income, the share of
remittances of recipient households belonging to the lowest
quintiles of the income distribution, and the relative
importance of remittances flows with respect to GDP. While
remittances tend to have positive effects on education and
health, this impact is often restricted to specific groups
of the population. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Acosta, Pablo Fajnzylber, Pablo Lopez, J. Humberto |
| author_facet |
Acosta, Pablo Fajnzylber, Pablo Lopez, J. Humberto |
| author_sort |
Acosta, Pablo |
| title |
The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| title_short |
The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| title_full |
The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| title_fullStr |
The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| title_full_unstemmed |
The Impact of Remittances on Poverty and Human Capital : Evidence from Latin American Household Surveys |
| title_sort |
impact of remittances on poverty and human capital : evidence from latin american household surveys |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/06/7694723/impact-remittances-poverty-human-capital-evidence-latin-american-household-surveys http://hdl.handle.net/10986/7392 |
| _version_ |
1764401949709434880 |