Return Migration and Remittances: Recent Empirical Evidence for Bulgaria

Vesselin Mintchev () and Venelin Boshnakov

Economic Studies journal, 2021, issue 3, 56-75

Abstract: The article presents a review of recent empirical evidence on a range of issues related to the transfers of funds from Bulgarian migrants, known as migrant remittances. Data for the official indicators as compensation of employees and workers’ remittances is utilized from the Bulgarian National Bank, providing these items in the Balance of Payments financial statistics. Furthermore, on the basis of information from a questionnaire survey carried out in 2017, the socio-demographic profile of return migrants supporting their relatives staying in the home country is explored. Possible answers are provided to the question on what drives the active remittance behaviour of returnees during their stay abroad. An outline is suggested regarding the purposes for which remittances are utilized and the main types of businesses they support. Using the method of binary logistic regression, several main determinants of the inclination of the migrant to support those left in the home country are identified and discussed.

JEL-codes: F22 F24 O15 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2021:i:3:p:56-75

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