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On the Remitting Patterns of Immigrants: Evidence from Mexican Survey Data: A Reprint from the “Economic Review”
Understanding the remitting practices of immigrant

Our Price: $15.00
By Catalina Amuedo-Dorantes (au); Cynthia Bansak (au); Susan Pozo (au)
Year: 2005
Pages: 30
Binding Paperback

Product Code: 1422319989

Understanding the remitting practices of immigrants has taken on new urgency for banks seeking to tap the potential of this burgeoning market. To gain an understanding of who remits, how much & why they remit, & what transfer mechanisms they use, the authors reviewed the basic trends in remittance transfers from Mexican immigrants in the U.S. -- who account for about 1/3 of U.S. immigrants -- to their families in Mexico. Immigrants’ motives for remitting to their home communities include: altruism, investment, & mitigating risk. The propensity to remit seems to be greater among immigrants who are undocumented, those who have left dependents in Mexico, those with lower levels of education, & English skills, & the un-banked. Illustrations.

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