Asymmetric Information and Remittances: Evidence from Matched Administrative Data
Yaw Nyarko and
American Economic Journal: Applied Economics, 2018, vol. 10, issue 2, 58-100
Using new large-scale, administrative data matching remittances and monthly payroll disbursals, we demonstrate how migrants' earnings in the United Arab Emirates affect their remittances. We consider several types of income changes: Ramadan, weather shocks, a labor reform and returns to time in the UAE. We demonstrate that two key characteristics of the income changes that affect the income elasticity of remittances are the observability of the income and whether the income change is positive or negative. The results are consistent with a private information model where remittances are viewed as payments in an income-sharing contract.
JEL-codes: D82 F24 I31 J31 J61 O15 (search for similar items in EconPapers)
Note: DOI: 10.1257/app.20160150
References: Add references at CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
https://www.aeaweb.org/articles/attachments?retrie ... xwfoid6CgufsFjeKfvjW (application/zip)
https://www.aeaweb.org/articles/attachments?retrie ... 44J4116C_0B_dNh-D3oK (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... yMwsotQpMdtyxKnmDufw (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.
Working Paper: Asymmetric Information and Remittances: Evidence from Matched Administrative Data (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:aejapp:v:10:y:2018:i:2:p:58-100
Ordering information: This journal article can be ordered from
Access Statistics for this article
American Economic Journal: Applied Economics is currently edited by Alexandre Mas
More articles in American Economic Journal: Applied Economics from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().