Journal of Development Studies
Volume 50, Issue 3, 2014, Pages 444-460

How do Migration and Remittances Affect Human Capital Investment? The Effects of Relaxing Information and Liquidity Constraints (Article)

Acharya C.P. , Leon-Gonzalez R.
  • a National Graduate Institute for Policy Studies (GRIPS), Tokyo, Japan
  • b National Graduate Institute for Policy Studies (GRIPS), Tokyo, Japan

Abstract

This article explores the heterogeneous effects of the migration-remittance process on the educational attainment of Nepalese children. The results suggest that when controlling for remittances, the children of more educated or informed parents suffer from parental absence, while the children of less informed parents gain from migration, implying that the migration experience helps less educated parents estimate the value of and returns to education more precisely. The results also suggest that remittances help severely credit-constrained households enrol their children in school and prevent dropouts. These remittances help households that face less severe liquidity constraints increase their investment in quality education. © 2013 Taylor & Francis.

Author Keywords

[No Keywords available]

Index Keywords

educational attainment returns to education remittance migration investment human capital
Link
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84896071992&doi=10.1080%2f00220388.2013.866224&partnerID=40&md5=ce01ffb2126848b442992bba14f1d149
DOI: 10.1080/00220388.2013.866224
ISSN: 00220388
Cited by: 15
Original Language: English