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The role of migrant grit characteristics as determinants of remittances

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Financial remittances sent by Cape Verdean immigrants living in Portugal is a fundamental source of external funding for Cape Verde. The existing literature on remittances sets altruism and self-interest as the leading motives for migrants to send transfers abroad. This paper provides a new contribution by examining how the grit levels of migrants, a non-cognitive characteristic linked with perseverance, influences their decision to remit. It is found that higher degrees of grit significantly raise the likelihood of sending remittances to family in the home country, in addition to altruistic and self-interested motives to remit.

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International migration Remittances Grit Altruism Self-interest

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Licença CC