Guestworker migration, remittances and the extended family: evidence from Pakistan.
"The paper places migration in the context of the extended family. It models informal loans between migrant and extended family for financing the costs of international labor migration. To show repayments to extended family is important; we trace the effects of such loans on migrant savings and remittance to the immediate family. We employ a standard life-cycle approach, which predicts that the demand for extended family financing rises with migration costs and falls with pre-migration wealth. Remittance to the immediate family and savings retained abroad both fall with the pre-migration loan." These hypotheses are tested using data from a survey of return migrants to Pakistan carried out in 1986.
D001208:Asia; D003710:Demography; D003906:Developing Countries; D004467:Economics; D004641:Emigration and Immigration; D005190:Family; D005191:Family Characteristics; D007182:Income; D010154:Pakistan; D011153:Population; D011157:Population Dynamics; D014171:Transients and Migrants
Asia; Demographic Factors; Developing Countries; Economic Factors; Extended Family; Family And Household; Family Characteristics; International Migration; Labor Migration; Macroeconomic Factors; Microeconomic Factors; Migration; Pakistan; Population; Population Dynamics; Remittances; Savings; Southern Asia