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Do migrant remittances affect household spending? Focus on wedding expenditures

We use nationally representative survey data and propensity score matching to investigate the impact of remittances from labor migrants on households’ wedding expenditures. The investigation provides evidence that remittance-receiving households spend a smaller share of their budget on wedding cerem...

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Detalles Bibliográficos
Autores principales: Kakhkharov, Jakhongir, Ahunov, Muzaffarjon
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8590127/
https://www.ncbi.nlm.nih.gov/pubmed/34803214
http://dx.doi.org/10.1007/s00181-021-02163-8
Descripción
Sumario:We use nationally representative survey data and propensity score matching to investigate the impact of remittances from labor migrants on households’ wedding expenditures. The investigation provides evidence that remittance-receiving households spend a smaller share of their budget on wedding ceremonies. Since lavish wedding ceremonies serve the purpose of increasing households' social status through conspicuous displays of wealth, the study concludes that remittance-recipient households are less likely to be engaged in conspicuous consumption than are households that do not receive remittances.