Moving Forward, Looking Back: The Impact of Migration and Remittances on Assets, Consumption, and Credit Constraints in the Rural Philippines

This paper investigates the impact of migration and remittances on asset holdings, consumption expenditures, and credit constraint status of households in origin communities, using a unique longitudinal data set from the Philippines. The paper examines the impact of remittances from outside the original survey villages on parent households, taking into account the endogeneity of the number of migrants and remittances received to characteristics of the origin households and communities, completed schooling of sons and daughters, and shocks to both the origin households and migrants.

By Agnes R. Quisumbing and Scott McNiven, FAO/ESA

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