Abstract
This article presents the results of a study about the impact of international remittances on investment in education in the Mexican town of Caltimacán, Hidalgo, Mexico, a community that is characterized by legal migration through temporary labor contracts. The estimations apply instrumental variables based on job creation in the American states were migrants worked between 2010 and 2016. The results show that the proportion of expenditure spent on education is higher among households that receive remittances than among households that do not receive them. However, this effect vanishes when household expenditure and wealth are introduced in the model. These results confirm that the investments in the education of the inhabitants of Caltimacán face credit constraints, which in turn are diminish by the reception of remittances.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
