Bringing Home the Money: Xenophobia and Remittances - The Case of Germany

17 Pages Posted: 16 Apr 2008  

Elke Holst

German Institute for Economic Research (DIW Berlin)

Andrea Schäfer

German Institute for Economic Research (DIW Berlin)

Mechthild Schrooten

German Institute for Economic Research (DIW Berlin)

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Date Written: April 2008

Abstract

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

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

Elke Holst (Contact Author)

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

Andrea Schäfer

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany

Mechthild Schrooten

German Institute for Economic Research (DIW Berlin) ( email )

Mohrenstraße 58
Berlin, 10117
Germany
+49 30 89789 344 (Phone)
+49 30 89789 108 (Fax)

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