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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title On altruism and remittances
Organization Unit
  • Alexis Antoniades
  • Ganesh Seshan
  • Roberto A. Weber
  • Robertas Zubrickas
  • English
Institution University of Zurich
Series Name Working paper series / Department of Economics
Number 131
ISSN 1664-7041
Number of Pages 31
Date 2013
Abstract Text We provide a direct test of the impact of altruism on remittances. From a sample of 105 male migrant workers from Kerala, India working in Qatar, we elicit the propensity to share with others from their responses in a dictator game, and use it as a proxy for altruism. When the entire sample is considered, we find that only migrants' income robustly explains remittances. Altruism does not seem to matter. However, we document a strong positive relationship between altruism and remittances for those migrants that report a loan obligation back home, which is nearly half the sample. We explain the role of loan obligations with a standard remittance model, extended with reference-dependent preferences.
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Keywords Remittances, altruism, reference-dependent preferences, dictator game, Qatar, Altruismus, Migration, finanzielle Hilfe, Einkommen