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Title
Shocks, Remittances and Household Consumption A Dynamic System GMM Analysis |
Full text
http://hdl.handle.net/2077/67137 |
Date
2020 |
Author(s)
Alem, Yonas |
Abstract
We use a dynamic system GMM regression on ve rounds of panel data to estimate the impact of international remittances on consumption of urban Ethiopian households, who spend more than 70% of their consumption budget on food. Results suggest that international re- mittances play a signi cant role in augmenting household consumption. A 1% increase in remittances from abroad leads to a 0.10% increase in household consumption. Taking advan- tage of the detailed nature of the panel data, we also show that households that experienced idiosyncratic shocks are likely to send a member abroad and receive international remittances. The paper sheds light on the magnitude of the impact of international remittances and the char- acteristics of the socio-economic groups who take advantage of a rapidly changing economic environment, such as access to international migration. |
Subject(s)
Remittances, Shocks, Household Consumption. |
Language
eng |
Relation
EfD Discussion Paper Series; DP 18-02 |
Type of publication
other |
Repository
Gothenberg - University of Gothenberg
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Added to C-A: 2020-12-14;10:38:24 |
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