Publication:
Asymmetric Information about Migrant Earnings and Remittance Flows

Simple item page
dc.contributor.authorSeshan, Ganesh
dc.contributor.authorZubrickas, Robertas
dc.date.accessioned2015-08-17T19:15:46Z
dc.date.available2015-08-17T19:15:46Z
dc.date.issued2015-07
dc.description.abstractThis paper examine asymmetric information about migrant earnings and its implications for remittance behavior using a sample of Indian households with husbands working overseas in Qatar. On average, wives underreport their husbands’ income and underreporting is more prevalent in households with higher earning migrants. The discrepancy in earning reports is strongly correlated with variation in remittances: greater underreporting by wives is associated with lower remittances. An exchange model of remittances is developed with asymmetric information and costly state verification. The optimal remittance contract prescribes a threshold for remittances that invites verification only if unmet. The model’s predictions closely match our empirical findings.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/07/24784147/asymmetric-information-migrant-earnings-remittance-flows
dc.identifier.doi10.1596/1813-9450-7368
dc.identifier.urihttps://hdl.handle.net/10986/22452
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7368
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBORROWER
dc.subjectREMITTANCE TRANSFER
dc.subjectHOUSEHOLD TRANSFERS
dc.subjectOPTIMAL CONTRACTS
dc.subjectFAMILY TIES
dc.subjectINFORMATIONAL ASYMMETRIES
dc.subjectUTILITY FUNCTIONS
dc.subjectLAGS
dc.subjectDISPOSABLE INCOME
dc.subjectSPOUSE
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectEXPECTATIONS
dc.subjectREMITTANCE
dc.subjectEXCHANGE
dc.subjectOPTION
dc.subjectLEVELS OF EDUCATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectBUS OPERATOR
dc.subjectVARIATION IN REMITTANCES
dc.subjectPOLITICAL ECONOMY
dc.subjectIMMIGRANTS
dc.subjectPOSITIVE COEFFICIENT
dc.subjectCDS
dc.subjectOPTIMIZATION
dc.subjectINCENTIVES
dc.subjectFAMILY MEMBERS
dc.subjectLOAN
dc.subjectPOLICY DISCUSSIONS
dc.subjectVARIABLES
dc.subjectASYMMETRIC INFORMATION
dc.subjectDEBT CONTRACTS
dc.subjectSOCIAL CONTROL
dc.subjectLOAN DECISIONS
dc.subjectUSES OF REMITTANCES
dc.subjectREMITTANCE FLOWS
dc.subjectANNUAL REMITTANCES
dc.subjectLOAN CONTRACT
dc.subjectINTERNATIONAL BANK
dc.subjectCENTER FOR DEVELOPMENT
dc.subjectLENDER
dc.subjectOPTIMAL CONTRACT
dc.subjectSPOUSES
dc.subjectREPAYMENT SCHEDULE
dc.subjectWORK EXPERIENCE
dc.subjectKNOWLEDGE
dc.subjectDEVELOPMENT
dc.subjectINTERNATIONAL MIGRATION
dc.subjectLABOR MARKET
dc.subjectURBAN MIGRATION
dc.subjectPARTICIPATION CONSTRAINT
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectFINANCIAL STUDIES
dc.subjectINCOME SHOCK
dc.subjectCONTRACTS
dc.subjectIMMIGRATION POLICIES
dc.subjectFINANCES
dc.subjectMIGRATION
dc.subjectTRANSFERS
dc.subjectDEBT
dc.subjectMARKETS
dc.subjectHOUSEHOLD INCOME
dc.subjectNUMBER OF MIGRANTS
dc.subjectRETURN
dc.subjectLOTTERY
dc.subjectINCOME LEVELS
dc.subjectUTILITY
dc.subjectMIGRANTS
dc.subjectAVERAGING
dc.subjectREMITTANCE USE
dc.subjectFINANCE
dc.subjectRESPECT
dc.subjectINFORMATION ASYMMETRY
dc.subjectPROGRESS
dc.subjectEXPENDITURE
dc.subjectTRANSACTION
dc.subjectINVESTORS
dc.subjectCONSUMPTION
dc.subjectINFORMATIONAL ASYMMETRY
dc.subjectMIGRANT
dc.subjectGOOD
dc.subjectPOLICIES
dc.subjectDERIVATIVE
dc.subjectREMITTANCE RECIPIENTS
dc.subjectFUTURE
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectVALUE
dc.subjectINCOME SHOCKS
dc.subjectRETURNS
dc.subjectEXCHANGES
dc.subjectWORKSHOP
dc.subjectRECIPIENT HOUSEHOLDS
dc.subjectCONTRACT
dc.subjectREPAYMENT
dc.subjectINCOMES
dc.subjectPROPERTY
dc.subjectSOCIAL NETWORKS
dc.subjectPROPERTIES
dc.subjectMIGRANT WORKERS
dc.subjectMEASUREMENT
dc.subjectSHARES
dc.subjectTRANSACTION COSTS
dc.subjectMARKET
dc.subjectTEMPORARY MIGRANTS
dc.subjectINTERNAL MIGRANTS
dc.subjectTEMPORARY MIGRATION
dc.subjectBULLETIN
dc.subjectMASCULINITY
dc.subjectECONOMICS
dc.subjectPOLICY
dc.subjectCOLLECTIVE REMITTANCES
dc.subjectHUSBANDS
dc.subjectINSURANCE
dc.subjectGDP
dc.subjectGOODS
dc.subjectINVESTOR
dc.subjectINVESTMENT
dc.subjectEXPECTED UTILITY
dc.subjectSHARE
dc.subjectFINANCIAL INFORMATION
dc.subjectILLNESS
dc.subjectIMMIGRATION
dc.subjectCOMPETITIVE MARKETS
dc.subjectPOPULATION
dc.subjectCHECK
dc.subjectPOLICY RESEARCH
dc.subjectMIGRANT NETWORKS
dc.subjectRISK AVERSION
dc.subjectINHERITANCE
dc.subjectREMITTANCES
dc.subjectOUTCOMES
dc.subjectMARKET RETURNS
dc.subjectNEGATIVE INCOME SHOCKS
dc.subjectGUARANTEE
dc.subjectINCOME LEVEL
dc.subjectECONOMIC CONDITIONS
dc.subjectEXTENDED FAMILY
dc.subjectDEVELOPMENT POLICY
dc.titleAsymmetric Information about Migrant Earnings and Remittance Flowsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleAsymmetric Information about Migrant Earnings and Remittance Flows
okr.date.disclosure2015-07-15
okr.date.doiregistration2025-04-10T10:55:38.499033Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2015/07/24784147/asymmetric-information-migrant-earnings-remittance-flows
okr.globalpracticeFinance and Markets
okr.globalpracticeSocial Protection and Labor
okr.guid462881468188674030
okr.identifier.doi10.1596/1813-9450-7368
okr.identifier.externaldocumentum090224b082ffa3da_1_0
okr.identifier.internaldocumentum24784147
okr.identifier.reportWPS7368
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/07/20/090224b082ffa3da/1_0/Rendered/PDF/Asymmetric0inf0and0remittance0flows.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.administrativeSouth Asia
okr.topicSocial Protections and Labor::Labor Policies
okr.topicMacroeconomics and Economic Growth::Remittances
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitOperations and Strategy Team, Development Economics Vice Presidency
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
Asymmetric0inf0and0remittance0flows.pdf
Size:
894.56 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
Asymmetric0inf0and0remittance0flows.txt
Size:
103.08 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers