Bringing Home the Money: Xenophobia and Remittances: The Case of Germany

Elke Holst, Andrea Schäfer () and Mechthild Schrooten

No 774, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: The determinants of migrants' remittances are the subject of this study based on German SOEP data (2001-2006). In contrast to previous studies we analyze the motives for remittances not only for foreigners but also for the broader group of individuals with a personal migration background. Major findings are: First, concerns about xenophobia lead to higher remittances. Second, income and gender has no impact on the probability to remit. Third, the acquisition of German citizenship is positively related to the amount remitted. All in all, remittances seem to be part of a personal financial allocation scheme for risk reduction.

Keywords: Remittances; immigrant workers; household behavior (search for similar items in EconPapers)
JEL-codes: D10 F22 J61 (search for similar items in EconPapers)
Pages: 15 p.
Date: 2008
New Economics Papers: this item is included in nep-mig
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Citations: View citations in EconPapers (6)

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Working Paper: Bringing Home the Money: Xenophobia and Remittances: The Case of Germany (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp774

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