Gender Specific Patterns of Spending Remittances and their Implications for Development: Evidence from Bosnia and Herzegovina

dc.contributor.advisorEager, Paige
dc.contributor.authorGolemac, Angela
dc.contributor.departmentHood College Economics and Business Administration, and Political Scienceen_US
dc.contributor.programHood College Departmental Honorsen_US
dc.date.accessioned2023-03-27T12:41:47Z
dc.date.available2023-03-27T12:41:47Z
dc.date.issued2017-05
dc.description.abstractRemittances are an important tool to combat poverty and stimulate local development. They are an important part of today’s global economy and for some developing countries com- prise a significant percent of GDP. Remittances in Bosnia’s economy were equivalent to 11 percent of GDP in 2013. One out of every twenty households receives remittances. Prior lit- erature demonstrates that gender influences the spending remittances. Women tend to spend remittances more on food and education while men on consumer goods. This paper examines how gender determines remittance expenditures in Bosnia and Herzegovina. Using the World Bank’s LSMS household survey data from 2004, I develop an IV regression and Tobit model, using the share of household receiving remittances and wealth index as instrumental variables. I also used a probit model to examine determinants of receiving remittances. The results confirm the prior literature: women spend more on education, food, and overall consumption, while men spend more on durable goods, health, and cable subscriptions. These results indicate that females receiving remittances do more to help maximize positive benefits of remittances on the development in Bosnia.en_US
dc.format.extent43 pagesen_US
dc.genreDepartmental Honors Paperen_US
dc.identifierdoi:10.13016/m2d4s5-lij4
dc.identifier.urihttp://hdl.handle.net/11603/27137
dc.language.isoen_USen_US
dc.subjectremittancesen_US
dc.subjectGenderen_US
dc.subjectdevelopmenten_US
dc.subjectspendingen_US
dc.subjectBosniaen_US
dc.subjectmigrationen_US
dc.titleGender Specific Patterns of Spending Remittances and their Implications for Development: Evidence from Bosnia and Herzegovinaen_US
dc.typeTexten_US

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