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The paper investigates the impact of remittances on the relative concerns of households in rural China. Using the Rural … relative concerns with respect to income and remittances. Our results show that although rural households experience … substantial utility loss due to income comparisons, they gain utility by comparing their remittances with those received by their …
Persistent link: https://www.econbiz.de/10011307380
The main objective of this paper is to propose a systematic approach to empirically analyse the effect of remittances …), we estimate models in which a measure of subjective well- being is regressed on the level of remittances, and we find a … sizeable positive correlation. The effect of remittances on well-being varies with the socio- economic characteristics of …
Persistent link: https://www.econbiz.de/10010287637