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Altruism: primary motivation of remittances

SeyedSoroosh Azizi

Applied Economics Letters, 2017, vol. 24, issue 17, 1218-1221

Abstract: This article examines primary incentives of remittances. After controlling for host country’s GNI per capita, real exchange rates and real interest rates, a rise in home country’s GNI per capita leads to fewer remittances. A rise in host country’s GNI per capita motivates migrants to remit more. Real interest rates have no effect on remittances. These results indicate primary incentive of remittances is altruism.

Date: 2017
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DOI: 10.1080/13504851.2016.1267840

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