Migrant transnationalism and the choice of transfer channels for remittances
The case of Moldova
Bibliographic Data
| ID | 3205690 |
|---|---|
| Authors | M Siegel (0000-0003-3779-0344, Maastricht University, corresponding author), Matthias Lücke (Kiel Institute for the World Economy) |
| Year | 2013 |
| Volume | 13 |
| Issue | 1 |
| Pages | 120-141 |
| Publication date | 2013-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Global Networks (JOURNAL) |
| Journal identifiers | ISSN: 1470-2266 • E-ISSN: 1471-0374 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/glob.12002 |
| OpenAlex | W2087073097 |
| Language | EN |
| Citations received | 5 |
| References cited | 15 |
Migrant remittances, particularly when transferred through the banking system, may contribute to financial development in migrants' home countries. We analyse the determinants of the choice of transfer channel (formal services versus informal operators or personal transfers) by Moldovan migrants in 2006. We estimate a multinomial logit model from household survey data. Our explanatory variables include socio-economic characteristics of the migrant and other household members, the pattern of migration (destination country, legal status, duration), and financial information (average amount and frequency of payments). Key reasons not to use a formal transfer channel are a migrant's emphasis on low transfer cost (rather than speed, convenience or security), irregular legal status in the host country, and short migration spells. Our findings demonstrate that migrants' transnational capacities and activities in their entirety bear upon the choice of transfer channel; any policy interventions to promote the use of formal channels should reflect this
Business · Demographic economics · Economics · Multinomial logistic regression · Payment · Political science · Politics · Romanian · Transnationalism · Diaspora, migration, transnational identity · Migration and Labor Dynamics · Migration, Ethnicity, and Economy · Finance
Access to Financial Services
The Malaysia-Indonesia Remittance Corridor
The U.S.-Mexico Remittance Corridor
Transnationalism
Macroeconomic Consequences of Remittances
On the Use of Differing Money Transmission Methods by Mexican Immigrants
Come Back or Stay? Spend Here or There? Return and Remittances
Refugees and transnationalism
The limits to 'transnationalism
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,42 |
| Citation span | 2014 - 2024 (11) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |