Steady streams and sudden bursts: persistence patterns in remittance decisions

Giulia Bettin and Riccardo (Jack) Lucchetti

No 97, Mo.Fi.R. Working Papers from Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences

Abstract: This paper is the first systematic attempt to investigate the factors affecting time persistence in remittance behaviour at the individual level. We argue that the time profile of remittance ows from individual migrants is of considerable theoretical relevance and also has very important policy implications. By using micro-level data from the German Socio-Economic Panel (SOEP) we apply a wide variety of discrete choice (static and dynamic) panel models and show that persistence occurs at the individual level due to observable characteristics (individual income, household characteristics, etc.) but also to time-invariant unobserved individual characteristics. In addition, remittance decisions seem to be signi cantly infl uenced by "true state dependence", namely correlation between past actual behaviour and future propensity to remit.

Keywords: Discrete panel data models; Migration; Persistence; Remittances; State dependence (search for similar items in EconPapers)
JEL-codes: C23 C25 F22 F24 (search for similar items in EconPapers)
Pages: 32
Date: 2014-07
New Economics Papers: this item is included in nep-mig
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http://docs.dises.univpm.it/web/quaderni/pdfmofir/Mofir097.pdf First version, 2014 (application/pdf)

Related works:
Journal Article: Steady streams and sudden bursts: persistence patterns in remittance decisions (2016)
Journal Article: Steady streams and sudden bursts: persistence patterns in remittance decisions (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:anc:wmofir:97

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