The shadow value of migrant remittances, income and inequality in a household-farm economy

  • Taylor J
  • Wyatt T
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Offers econometric evidence that income remittances sent home by family migrants stimulate household-farm incomes indirectly by relieving credit and risk constraints on household-farm production. Reinforcement of an equalizing direct effect of remittances on the income distribution by a high but unequally distributed shadow value of migrant remittances.

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  • J. Edward Taylor

  • T. J. Wyatt

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