Tag
transnational_households
6 findings
Behaviour & psychologyDecoupling of General Formal Education and Specific Financial LiteracyDespite high general schooling attainment averaging 15.63 years completed, only 20.6% of household heads correctly answered both basic financial literacy questions at baseline.Observational StudyBehaviour & psychologyIntra-Household Information AsymmetryVarying information asymmetry produced no statistically significant differences in total remittances across information settings (e.g., p = 0.127 for equality of labeling impacts across information conditions).RCTFinance & microfinanceMicrofinance Credit Inelasticity in Transnational HouseholdsOnly 2 out of 438 offered individuals took up the microloan product (~0.46% take-up rate), yielding regression coefficients statistically indistinguishable from zero.RCTFinance & microfinanceTransnational Migrant Savings Control and MonitoringEnhancing migrant monitoring and direct ownership over origin-country savings accounts leads to statistically significant increases in total accumulated savings held in the home country.RCTDevelopmentRemittance Counter-Cyclicity in Transnational Risk CopingRemittances act as informal insurance by increasing significantly during negative income shocks, helping households escape poverty status, maintain child schooling, and invest in small enterprises.Observational StudyFinance & microfinanceTransnational Principal-Agent Information Asymmetry in Remittance ManagementJoint financial education for migrants and home-country recipients raises total savings and remittances while boosting joint decision-making, whereas isolated individual training yields muted impacts on financial decision-making.RCT