Presentation Title: Effects of the Global Financial Crisis on migrant and non-migrant households in Huehuetenango, Guatemala

Section: Changing Environments IV

Location: McCardell Bicentennial Hall, 220

Date & Time: Friday, April 19, 2013 - 4:30pm - 4:45pm

Abstract:

The paper examines the relationship between an exogenous economic shock—the global financial crisis of 2008—and migrational remittances in the rural highlands of Guatemala, a region with substantial international migration outflows and significant remittance inflows. Using a panel data set, a difference-in-difference approach that controls for the selectivity of migration is used to assess the impact of the global financial crisis on migrant and non-migrant households in Guatemala. Literature on the post-financial crisis’ effects is rather thin. What are the differences in remittance levels sent to households before and after the crisis? How do households respond to overseas members’ economic shocks and how is it reflected in total per-capita expenditure? What connection, if any, is there between the pervasiveness of risk in developing countries and international remittance flows? These are burning questions that beg further investigation which this paper attempts to shed light on. 

Type of Presentation: Individual oral

Oral presenters
Presentation Area: Economics

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Presenter Information
Presenter(s): Shrestha, Savant Man
Major(s): Economics and Spanish
Class Year(s): 2013

Sponsor(s): Maluccio, John A.
Dept(s): Economics

Moderator: ,