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Has Inflation Hurt the Poor? Regional Analysis in the Philippines

dc.contributor.authorHyun H. Son
dc.description.abstractIt has been argued that the adverse impact of skilled versus unskilled labor migration can be mitigated or even offset by the fact that skilled migrants remit more than unskilled ones. This paper contributes to the much debated and so far unresolved related issue of whether remittances actually increase with migrants’ level of education. The determinants of remittances considered include migration levels and rates; migrants’ education level; and source countries’ income, financial sector development, and expected growth rate. The estimation takes potential endogeneity into account, an issue not considered in the few existing studies on this topic. Our main finding is that remittances decrease for migrants with tertiary education. This provides an additional reason for source countries to prefer unskilled to skilled labor migration. Moreover, as predicted by our model, remittances increase with source countries’ level and rate of migration, financial sector development and population, and decrease in per capita income and expected growth rate.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleHas Inflation Hurt the Poor? Regional Analysis in the Philippines
dc.typeWorking Papers
dc.subject.expertPoverty Analysis
dc.subject.expertParticipatory Poverty Assessment
dc.subject.expertPoverty Reduction Strategy
dc.subject.expertExtreme Poverty
dc.subject.expertEconomic development
dc.subject.expertGrowth And Poverty
dc.subject.adbIncome Distribution
dc.subject.adbDemographic Indicators
dc.subject.adbSocial Justice
dc.subject.adbPrice stabilization
dc.subject.adbFood prices
dc.subject.adbPrice policy
dc.subject.naturalSocial change
dc.subject.naturalSocial accounting
dc.subject.naturalInequality of income
dc.subject.naturalEconomic growth
dc.subject.naturalQualilty of Life
dc.subject.naturalOpen price system
dc.subject.naturalPrice fixing
dc.subject.naturalPrice regulation
dc.subject.naturalConsumer price indexes
dc.title.seriesEconomics and Research Department Working Paper Series
dc.title.volumeNo. 112
dc.contributor.imprintAsian Development Bank
oar.themeLabor Migration
oar.adminregionSoutheast Asia Region
oar.authorSon, Hyun H.

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