Remittances, Liquidity Constraints and Human Capital Investments in Ecuador

被引:154
作者
Calero, Carla [1 ]
Bedi, Arjun S. [2 ,3 ]
Sparrow, Robert [2 ,3 ]
机构
[1] Minist Coordinac Desarrollo Social SIISE, Quito, Ecuador
[2] Inst Social Studies, NL-2509 LS The Hague, Netherlands
[3] IZA, Bonn, Germany
关键词
migration; remittances; trans-national networks; human capital; Latin America; Ecuador; INTERNATIONAL MIGRATION; CHILD LABOR; SHOCKS; INSURANCE; RISK;
D O I
10.1016/j.worlddev.2008.10.006
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Over the last decade Ecuador has experienced a strong increase in financial transfers from migrated workers. This paper investigates how remittances via trans-national networks affect human capital investments through relaxing resource constraints and facilitate households in consumption smoothing by reducing vulnerability to economic shocks. Our results show that remittances increase school enrollment and decrease incidence of child work, especially for girls and in rural areas. Furthermore, we find that aggregate shocks are associated with increased work activities, while remittances are used to finance education when households are faced with these shocks. (C) 2008 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1143 / 1154
页数:12
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