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Determinants of Remittances : Recent Evidence Using Data On Internal Migrants in Vietnam / Niimi, Yoko

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Niimi, Yoko
Contributor:
Niimi, Yoko
Pham, Thai Hung
Reilly, Barry
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Debt Markets.
Finance and Financial Sector Development.
Gender.
Gender and Development.
Health, Nutrition and Population.
Impact of migration.
Internal Migrants.
Labor market.
Macroeconomics and Economic Growth.
Migrant.
Migration.
Policy Research.
Policy Research Working Paper.
Population Policies.
Remittance.
Remittances.
Vulnerability.
Local Subjects:
Debt Markets.
Finance and Financial Sector Development.
Gender.
Gender and Development.
Health, Nutrition and Population.
Impact of migration.
Internal Migrants.
Labor market.
Macroeconomics and Economic Growth.
Migrant.
Migration.
Policy Research.
Policy Research Working Paper.
Population Policies.
Remittance.
Remittances.
Vulnerability.
Physical Description:
1 online resource (38 pages)
Place of Publication:
Washington, D.C., The World Bank, 2008
System Details:
data file
Summary:
This paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the destination, their link to relatives back home, and the time spent at the destination affect remittances. The paper finds that migrants act as risk-averse economic agents and send remittances back to the household of origin as part of an insurance exercise in the face of economic uncertainty. Remittances are also found to be driven by a migrant's labor market earnings level. The paper highlights the important role of remittances in providing an effective means of risk-coping and mutual support within the family.

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