Remittances of Immigrants in Greece

The present paper is a case study of the remittance behavior of immigrants in Greece. In addition to some of the usual factors affecting remittance behavior, it examines five factors than have received little attention in the literature: relative deprivation, existence of property in the country of...

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Bibliographic Details
Published in:Review of development economics 2011-05, Vol.15 (2), p.340-355
Main Authors: Lianos, Theodore P., Pseiridis, Anastasia
Format: Article
Language:English
Subjects:
Economics
Geographic profiles
immigrants
Immigration
Noncitizens
Remittances
Reviews
Social policy
Studies
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Summary:The present paper is a case study of the remittance behavior of immigrants in Greece. In addition to some of the usual factors affecting remittance behavior, it examines five factors than have received little attention in the literature: relative deprivation, existence of property in the country of origin, expectation on inheritance, stability of employment, and more than one migrant in the family. We use Heckman's selection model with survey data from 607 immigrants. Significant factors for the decision to remit are the existence of children living with the migrant, stability of employment, and gender. The basic factors affecting the size of remittances are the level of income, the existence of children living with the migrant, and the length of time in Greece.
ISSN:1363-6669
1467-9361
DOI:10.1111/j.1467-9361.2011.00612.x