17 Pages Posted: 16 Apr 2008
Date Written: April 2008
The determinants of migrants' remittances are the subject of this study based on German SOEP data (2001-2006). In contrast to previous studies we analyze the motives for remittances not only for foreigners but also for the broader group of individuals with a personal migration background. Major findings are: First, concerns about xenophobia lead to higher remittances. Second, income and gender has no impact on the probability to remit. Third, the acquisition of German citizenship is positively related to the amount remitted. All in all, remittances seem to be part of a personal financial allocation scheme for risk reduction.
Keywords: Remittances, immigrant workers, household behavior
JEL Classification: F22, J61, D10
Suggested Citation: Suggested Citation
Holst, Elke and Schäfer, Andrea and Schrooten, Mechthild, Bringing Home the Money: Xenophobia and Remittances - The Case of Germany (April 2008 ). SOEPpaper No. 92. Available at SSRN: https://ssrn.com/abstract=1120182 or http://dx.doi.org/10.2139/ssrn.1120182
By Don Devoretz