On the Use of Differing Money Transmission Methods by Mexican Immigrants
Catalina Amuedo-Dorantes and
Susan Pozo
No E2004/06, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces
Abstract:
Interest on the factors shaping migrants’ use of a given money transmittal method has recently intensified following researchers agreement on the often inadequate infrastructure surrounding remittances transfers. This concern has also captured the attention of government officials, who appear more eager to promote more efficient and safe transfers of emigrant’s earnings given the potential that remittances hold for increasing resources at the disposal of receiving nations. This paper uses data from mexican immigrants who have resided in the United States to examine the various factors that shape migrants’ use of the various methods to remit earnings to Mexico. The analysis reveals that accessibility factors and migrants’ awareness of alternative remitting methods play a key role in explaining their use of the various money transfer mechanisms.
Keywords: International remittances; money transmission methods; mexican immigrants. (search for similar items in EconPapers)
JEL-codes: F22 J61 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2004
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:cea:doctra:e2004_06
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