Crime and Remittance Transfers.

This article examines the determinants of remittance transfers, specifically focusing on the impact of crimes on remittances. Using the 2003 Quality of Life Survey of Colombia, we find that both domestic and international transfers are negatively affected by crime. That is, because crime may have an...

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Main Author: Vargas-Silva, C
Format: Journal article
Language:English
Published: Palgrave Macmillan 2009
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author Vargas-Silva, C
author_facet Vargas-Silva, C
author_sort Vargas-Silva, C
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description This article examines the determinants of remittance transfers, specifically focusing on the impact of crimes on remittances. Using the 2003 Quality of Life Survey of Colombia, we find that both domestic and international transfers are negatively affected by crime. That is, because crime may have an adverse effect on household assets and the return to investments in the home community, migrants may decrease transfers made for self-interested purposes such as future inheritance or investment. Although results suggest that a portion of transfers are sent for self-interest motives, variables related to the household indicate that altruism is also an important motivation for remitting.
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spelling oxford-uuid:ccf7107c-a593-4e99-8df5-d8be6da8128a2022-03-27T07:25:29ZCrime and Remittance Transfers.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:ccf7107c-a593-4e99-8df5-d8be6da8128aEnglishDepartment of Economics - ePrintsPalgrave Macmillan2009Vargas-Silva, CThis article examines the determinants of remittance transfers, specifically focusing on the impact of crimes on remittances. Using the 2003 Quality of Life Survey of Colombia, we find that both domestic and international transfers are negatively affected by crime. That is, because crime may have an adverse effect on household assets and the return to investments in the home community, migrants may decrease transfers made for self-interested purposes such as future inheritance or investment. Although results suggest that a portion of transfers are sent for self-interest motives, variables related to the household indicate that altruism is also an important motivation for remitting.
spellingShingle Vargas-Silva, C
Crime and Remittance Transfers.
title Crime and Remittance Transfers.
title_full Crime and Remittance Transfers.
title_fullStr Crime and Remittance Transfers.
title_full_unstemmed Crime and Remittance Transfers.
title_short Crime and Remittance Transfers.
title_sort crime and remittance transfers
work_keys_str_mv AT vargassilvac crimeandremittancetransfers