The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
International Migration, Remittances and Household Investment: Evidence from Philippine Migrants’ Exchange Rate Shocks
Open accessAbstract
How do households respond to overseas members’ economic shocks? Overseas Filipinos in dozens of countries experienced sudden, heterogeneous changes in exchange rates during the 1997 Asian financial crisis. Appreciation of a migrant's currency against the Philippine peso leads to increases in household remittances from overseas. The estimated elasticity of Philippine‐peso remittances with respect to the exchange rate is 0.60. Positive migrant shocks lead to enhanced human capital accumulation and entrepreneurship in origin households. Child schooling and educational expenditure rise, while child labour falls. Households also work more hours in self‐employment, and become more likely to start relatively capital‐intensive household enterprises.
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Cites
Empirical Strategies in Labor Economics
Angrist, J. D., & Krueger, A. B. (1999) · Handbook of Labor Economics · doi:10.1016/s1573-4463(99)03004-7 · Cited by 1,628
Rosenzweig, M. R., & Wolpin, K. I. (1993) · Journal of Political Economy · doi:10.1086/261874 · Cited by 1,179
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Aker, J. C., & Mbiti, I. M. (2010) · Journal of Economic Perspectives · doi:10.1257/jep.24.3.207 · Cited by 2,216
Globalization, Brain Drain, and Development
Docquier, F., & Rapoport, H. (2012) · Journal of Economic Literature · doi:10.1257/jel.50.3.681 · Cited by 1,083
Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines
Yang, D., & Choi, H. (2007) · The World Bank Economic Review · doi:10.1093/wber/lhm003 · Cited by 788
Self-citationUnderinvestment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh
(2014) · Econometrica · doi:10.3982/ecta10489 · Cited by 710
The Perils of Unearned Foreign Income: Aid, Remittances, and Government Survival
AHMED, F. Z. (2012) · American Political Science Review · doi:10.1017/s0003055411000475 · Cited by 441
Metadata
- Authors
- Yang, D.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2008-03-19
- Volume
- 118
- Issue
- 528
- Pages
- 591-630
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W2890037771
- Cited by
- 1,307
- References
- 2
- FWCI
- 185.85
- Type
- journal article
- Language
- en
- Open access
- green
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- Yang, D. (2008). International Migration, Remittances and Household Investment: Evidence from Philippine Migrants’ Exchange Rate Shocks. The Economic Journal. https://doi.org/10.1111/j.1468-0297.2008.02134.x
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