This article investigates the determinants of remittance behaviours among foreigners in Italyand intends to gain a better understanding of the temporal pattern of remittances. The analysisis based on data from the 2009 “Italian Statistics on Income and Living Conditions of House-holds with Foreigners”. The decisions on whether to remit and how much to remit are sepa-rately yet simultaneously estimated using a zero-inflated beta regression model. The findingsreveal that remittances are driven by a mix of altruistic and self-interest motives that may per-sist for many years. Many covariates included in the model have a different effect on thepropensity to remit and on the relative amount of remittances. We find some evidence that theaverage propensity to remit follows an M-shaped trajectory over time. However, the modelspecification including only time and time squared proves that the inverted-U shape trajectory,well-established in the literature, still remains a better choice in terms of parsimoniousness andflexibility. Among those who remit, time since migration does not have any significant effecton the normalized amount remitted.

Busetta, A., Cetorelli, V., & Stranges M. (2016). Remittance behaviours of foreigners in Italy. INTERNATIONAL MIGRATION, 54(2), 98-118 [10.1111/imig.12213].

Remittance behaviours of foreigners in Italy

BUSETTA, Annalisa;
2016

Abstract

This article investigates the determinants of remittance behaviours among foreigners in Italyand intends to gain a better understanding of the temporal pattern of remittances. The analysisis based on data from the 2009 “Italian Statistics on Income and Living Conditions of House-holds with Foreigners”. The decisions on whether to remit and how much to remit are sepa-rately yet simultaneously estimated using a zero-inflated beta regression model. The findingsreveal that remittances are driven by a mix of altruistic and self-interest motives that may per-sist for many years. Many covariates included in the model have a different effect on thepropensity to remit and on the relative amount of remittances. We find some evidence that theaverage propensity to remit follows an M-shaped trajectory over time. However, the modelspecification including only time and time squared proves that the inverted-U shape trajectory,well-established in the literature, still remains a better choice in terms of parsimoniousness andflexibility. Among those who remit, time since migration does not have any significant effecton the normalized amount remitted.
Settore SECS-S/04 - Demografia
Busetta, A., Cetorelli, V., & Stranges M. (2016). Remittance behaviours of foreigners in Italy. INTERNATIONAL MIGRATION, 54(2), 98-118 [10.1111/imig.12213].
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10447/169401
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