International Remittances and Income Inequality: An Empirical Investigation
By Valerie Koechlin, Gianmarco León. 2006
158 citations recorded by the source corpus.
Abstract Using several cross‐sectional and panel data methodologies, this paper provides evidence of the existence of an inverted U‐shaped relationship between international remittances and income inequality in a cross section of 78 countries. Our analysis supports previous theoretical work that describes how, at the first stages of migration history, there is an inequality‐increasing effect of remittances on income inequality. Then, as the opportunity cost of migrating decreases due to this effect, remittances tend to lower inequality. We also show how education and the development of the financial sector can help countries reach faster the inequality‐decreasing section of the curve.
Subfields: Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/65e5ccf2e1535c477d63783c57c0d3545c2c7488
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Sociology and Political Science
Citations in the corpus
- Impact of Migration on Economic and Social Development: A Review of Evidence and Emerging Issues (2011, unknown): “However, as migrant networks are established in the destination countries, the cost of migration falls so that the less well-off can afford to migrate (Taylor et al. 2005; Koechlin & Leon 2007, Docquier et al. 2010a).”
- Do remittances improve income inequality? An instrumental variable quantile analysis of the Kenyan case (2016, background): “…remittances on income inequality (Stark et al., 1986; Adams, 1989; Barham and Boucher, 1998; Mishra, 2007; Acosta et al., 2008) to no impact (Yang andMartínez, 2005) to a positive impact of such transfers (Taylor and Wyatt, 1996; Taylor et al., 2005; Koechlin and Leon, 2007; Zhu and Xubei, 2010).”