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The impact of remittances on poverty and human capital : evidence from Latin American household surveys

Author: Pablo Acosta; Pablo Fajnzylber; J Humberto Lopez; World Bank. Latin America and the Caribbean Regional Office. Office of the Chief Economist.
Publisher: [Washington, D.C.] : World Bank, Latin America and the Caribbean Region, Office of the Chief Economist, [2007]
Series: Policy research working papers, 4247.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Summary:
This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration -- the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used  Read more...
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Additional Physical Format: Online version:
Acosta, Pablo.
Impact of remittances on poverty and human capital.
[Washington, D.C.] : World Bank, Latin America and the Caribbean Region, Office of the Chief Economist, [2007]
(OCoLC)647673041
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Pablo Acosta; Pablo Fajnzylber; J Humberto Lopez; World Bank. Latin America and the Caribbean Regional Office. Office of the Chief Economist.
OCLC Number: 164115628
Notes: "June 2007"--Cover.
Description: 37 pages : illustrations ; 28 cm.
Series Title: Policy research working papers, 4247.
Responsibility: Pablo Acosta, Pablo Fajnzylber, and J. Humberto Lopez.

Abstract:

This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration -- the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modes; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population.

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