A model of migrants' remittances with human capital investment and intrafamilial transfers

A model of migrants' remittances with human capital investment and intrafamilial transfers
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DOI:
10.1111/j.1747-7379.2005.tb00272.x
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发表时间:
2005-06-01
影响因子:
3.8
通讯作者:
Poirine, B
Poirine, B
中科院分区:
法学2区
文献类型:
--
作者:
Brown, RPC;Poirine, B

文献摘要

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本研究使用代际转移的两阶段理论分析了移民汇款数据,该理论基于非正式的家庭内部贷款安排,使用“弱利他主义”,一种介于“强利他主义”和纯粹利己主义之间的行为。该模型提供了一个关于移民汇款、人力资本投资决策和家庭内部转移的综合理论,适用于没有官方养老金计划和资本市场不完善的低收入国家。命题,来自理论,进行测试,重新分析原始调查数据的太平洋岛屿移民在悉尼的汇款。当弱利他主义和强利他主义产生相反的预测时,计量结果倾向于证实前者的假设,而否定后者。
This study analyzes data on migrants' remittances using a two-period theory of intergenerational transfers based on an informal, intrafamilial loan arrangement using "weak altruism," a behavior between "strong altruism" and pure self-interest. The model provides an integrated theory of migrants' remittances, human capital investment decisions, and intrafamilial transfers applicable to low-income countries with no official pension schemes and imperfect capital markets. Propositions, derived from the theory, are tested, re-analyzing original survey data on remittances of Pacific island migrants in Sydney. When weak altruism and strong altruism yield opposite predictions, the econometric results tend to confirm the former hypothesis and invalidate the latter.