[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/cea/doctra/e2004_06.html
   My bibliography  Save this paper

On the Use of Differing Money Transmission Methods by Mexican Immigrants

Author

Abstract
Interest on the factors shaping migrants’ use of a given money transmittal method has recently intensified following researchers agreement on the often inadequate infrastructure surrounding remittances transfers. This concern has also captured the attention of government officials, who appear more eager to promote more efficient and safe transfers of emigrant’s earnings given the potential that remittances hold for increasing resources at the disposal of receiving nations. This paper uses data from mexican immigrants who have resided in the United States to examine the various factors that shape migrants’ use of the various methods to remit earnings to Mexico. The analysis reveals that accessibility factors and migrants’ awareness of alternative remitting methods play a key role in explaining their use of the various money transfer mechanisms.

Suggested Citation

  • Catalina Amuedo-Dorantes & Susan Pozo, 2004. "On the Use of Differing Money Transmission Methods by Mexican Immigrants," Economic Working Papers at Centro de Estudios Andaluces E2004/06, Centro de Estudios Andaluces.
    • Handle: RePEc:cea:doctra:e2004_06
    as

    Download full text from publisher

    File URL: http://public.centrodeestudiosandaluces.es/pdfs/E200406.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hausman, Jerry & McFadden, Daniel, 1984. "Specification Tests for the Multinomial Logit Model," Econometrica, Econometric Society, vol. 52(5), pages 1219-1240, September.
    2. Santomero, Anthony M & Seater, John J, 1996. "Alternative Monies and the Demand for Media of Exchange," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 942-960, November.
    3. Shy, Oz & Tarkka, Juha, 2002. "The Market for Electronic Cash Cards," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 34(2), pages 299-314, May.
    4. Geoffrey R. Gerdes & Jack K. Walton, 2002. "The use of checks and other noncash payment instruments in the United States," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), vol. 88(Aug), pages 360-374, August.
    5. Lucas, Robert E B & Stark, Oded, 1985. "Motivations to Remit: Evidence from Botswana," Journal of Political Economy, University of Chicago Press, vol. 93(5), pages 901-918, October.
    6. repec:idb:brikps:publication-detail,7101.html?id=6831 is not listed on IDEAS
    7. Jorge Durand & William Kandel & Emilio Parrado & Douglas Massey, 1996. "International migration and development in mexican communities," Demography, Springer;Population Association of America (PAA), vol. 33(2), pages 249-264, May.
    8. Elizabeth Handlin & Margrethe Krontoft & William A. Testa, 2002. "Remittances and the unbanked," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Mar.
    9. Alejandra Cox Edwards & Manuelita Ureta, 2003. "International Migration, Remittances, and Schooling: Evidence from El Salvador," NBER Working Papers 9766, National Bureau of Economic Research, Inc.
    10. Jussi Snellman & Jukka Vesala & David Humphrey, 2001. "Substitution of Noncash Payment Instruments for Cash in Europe," Journal of Financial Services Research, Springer;Western Finance Association, vol. 19(2), pages 131-145, April.
    11. Edwards, Alejandra Cox & Ureta, Manuelita, 2003. "International migration, remittances, and schooling: evidence from El Salvador," Journal of Development Economics, Elsevier, vol. 72(2), pages 429-461, December.
    12. Catalina Amuedo-Dorantes & Susan Pozo, 2006. "Remittances as insurance: evidence from Mexican immigrants," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(2), pages 227-254, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. de Haas, Hein, 2009. "Mobility and Human Development," MPRA Paper 19176, University Library of Munich, Germany.
    2. Mohammad Joarder & Uddin Saleh, 2010. "Estimating the economic model of Hundi using micro-level data," Asia Europe Journal, Springer, vol. 8(1), pages 61-75, June.
    3. Kosse, Anneke & Vermeulen, Robert, 2014. "Migrants’ Choice of Remittance Channel: Do General Payment Habits Play a Role?," World Development, Elsevier, vol. 62(C), pages 213-227.
    4. Raúl Hernández-Coss, 2005. "The U.S.–Mexico Remittance Corridor : Lessons on Shifting from Informal to Formal Transfer Systems," World Bank Publications - Books, The World Bank Group, number 7322.
    5. Simeon Karafolas & Nikolaos Sariannidis, 2009. "The Banking Network as a Transmission Channel of Migrant Remittances: The Case of Greek and Italian Banks in Albania," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 15(4), pages 674-684, February.
    6. Simeon Karafolas & George Konteos, 2010. "Choice of Money Transfer Methods in the Case of Albanian Immigrants in Greece," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 16(4), pages 962-978, February.
    7. Mohammad Reza Farzanegan & Sherif Maher Hassan, 2020. "How does the flow of remittances affect the trade balance of the Middle East and North Africa?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 23(2), pages 248-266, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cornelia Serena, PASCA, 2016. "Monetary Remittance - Romania Case Study," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 1(3), pages 50-59.
    2. Amuedo-Dorantes, Catalina & Mazzolari, Francesca, 2010. "Remittances to Latin America from migrants in the United States: Assessing the impact of amnesty programs," Journal of Development Economics, Elsevier, vol. 91(2), pages 323-335, March.
    3. Dean Yang, 2008. "International Migration, Remittances and Household Investment: Evidence from Philippine Migrants' Exchange Rate Shocks," Economic Journal, Royal Economic Society, vol. 118(528), pages 591-630, April.
    4. Hagen-Zanker, Jessica, 2010. "Modest expectations: Causes and effects of migration on migrant households in source countries," MPRA Paper 29507, University Library of Munich, Germany.
    5. Michael, Owiso, 2008. "Literature Review: Migration, Remittances and Development," MPRA Paper 104988, University Library of Munich, Germany, revised 2008.
    6. Zakiyyah, Varachia, 2018. "Literature Review of Migration and Development," MPRA Paper 106444, University Library of Munich, Germany, revised 2018.
    7. Masamune Iwasawa & Mitsuo Inada & Seiichi Fukui, 2014. "How Migrant Heterogeneity Influences the Effect of Remittances on Educational Expenditure:Empirical Evidence from the Cambodian Socio-Economic Survey," KIER Working Papers 898, Kyoto University, Institute of Economic Research.
    8. MITSUI, Izumi, 2019. "A Literature Review of Economic Diaspora," MPRA Paper 109115, University Library of Munich, Germany, revised 2019.
    9. Joseph B. Ajefu & Joseph O. Ogebe, 2021. "The effects of international remittances on expenditure patterns of the left‐behind households in Sub‐Saharan Africa," Review of Development Economics, Wiley Blackwell, vol. 25(1), pages 405-429, February.
    10. Diego E. Vacaflores, 2012. "Remittances, Monetary Policy, and Partial Sterilization," Southern Economic Journal, John Wiley & Sons, vol. 79(2), pages 367-387, October.
    11. Köllner, Sebastian, 2013. "Remittances and educational attainment: Evidence from Tajikistan," Discussion Paper Series 124, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    12. David, Blight, 2017. "Literature Review on International Migration: Development Perspectives," MPRA Paper 106312, University Library of Munich, Germany, revised 2017.
    13. Christidis, Les, 2008. "Literature Review on Migration and Remittances Development," MPRA Paper 105237, University Library of Munich, Germany, revised 2008.
    14. Matthieu Delpierre & Bertrand Verheyden, 2014. "Remittances, savings and return migration under uncertainty," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-43, December.
    15. Carmen, Maria del, 2018. "Economic Migration and Diaspora: A Literature Review," MPRA Paper 109498, University Library of Munich, Germany, revised 2018.
    16. Flippo, Behnaz, 2009. "A Literature Review: Migration and Remittances," MPRA Paper 104877, University Library of Munich, Germany, revised 2009.
    17. Puja Guha, 2014. "Economics of Migration and Remittances: A Review Article," Working Papers id:5618, eSocialSciences.
    18. Antonella, Barbarito, 2013. "Migration, Remittances and Development: A Literature Review," MPRA Paper 104715, University Library of Munich, Germany, revised 2013.
    19. Bouoiyour, Jamal & Miftah, Amal, 2014. "Les transferts de fonds réduisent-ils la pauvreté et les inégalités de revenus? Une vérification empirique à travers une enquête dans le milieu rural marocain [Remittances, Poverty and Income Inequ," MPRA Paper 57052, University Library of Munich, Germany.
    20. Dean Yang, 2009. "International Migration and Human Development," Human Development Research Papers (2009 to present) HDRP-2009-29, Human Development Report Office (HDRO), United Nations Development Programme (UNDP), revised Jul 2009.

    More about this item

    Keywords

    International remittances; money transmission methods; mexican immigrants.;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cea:doctra:e2004_06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Susana Mérida (email available below). General contact details of provider: https://edirc.repec.org/data/fcanges.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.