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Destined to receive : the impact of remittances on household decisions in Armenia
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Grigorian, David A. and Melkonyan, Tigran A. (2011) Destined to receive : the impact of remittances on household decisions in Armenia. Review of Development Economics, Volume 15 (Number 1). pp. 139-153. doi:10.1111/j.1467-9361.2010.00598.x
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Official URL: http://dx.doi.org/10.1111/j.1467-9361.2010.00598.x
Abstract
The paper uses data from Armenia to test the implications of remittance flows on behavior of receiving households. We find that remittance-receiving households work fewer hours and spend less on the education of their children. While saving more, these households are not leveraging their savings to borrow from the banking system to expand their business activities. This evidence suggests that the benefits of remittances might be overstated and emphasizes the importance of measuring their impact in a general- rather than a partial-equilibrium context
| Item Type: | Journal Article | ||||
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| Divisions: | Faculty of Social Sciences > Warwick Business School > Behavioural Science Faculty of Social Sciences > Warwick Business School |
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| Journal or Publication Title: | Review of Development Economics | ||||
| Publisher: | Wiley-Blackwell Publishing, Inc. | ||||
| ISSN: | 1363-6669 | ||||
| Official Date: | February 2011 | ||||
| Dates: |
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| Volume: | Volume 15 | ||||
| Number: | Number 1 | ||||
| Number of Pages: | 14 | ||||
| Page Range: | pp. 139-153 | ||||
| DOI: | 10.1111/j.1467-9361.2010.00598.x | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
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