Economics ETDs
Publication Date
Spring 5-10-2024
Abstract
This dissertation explores the impact of return migration on economic welfare and financial inclusion in Mexico. In chapter 1, using US immigration enforcement as an instrumental variable, this study finds that return migration has positive effect in improving municipality economic welfare by reducing inequality and poverty, and these effects are strongest in poorer, rural, and marginalized municipalities. In chapter 2, using individual-level data, this research finds that most return migrants come from the lower end of the income distribution, and they earn more than comparable non-migrants in the lowest skill groups. Also, there are positive spillovers on low-skilled non-migrants’ earnings. Finally, in chapter 3, return migration is associated with an increase in access and use of financial services. These effects are driven by an increase in demand for deposits and credit accounts, corroborated by increasing levels of deposit and credit volume to GDP at the municipality level.
Degree Name
Economics
Level of Degree
Doctoral
Department Name
Department of Economics
First Committee Member (Chair)
Matías Fontenla
Second Committee Member
Richard Santos
Third Committee Member
Xiaoyang Wang
Fourth Committee Member
José R. Bucheli
Project Sponsors
Latin American and Iberian Institute
Language
English
Keywords
Return Migration, Inequality, Poverty, Income per Capita, Financial Inclusion, Mexico
Document Type
Thesis
Recommended Citation
Clayton, Daniel E.. "Return Migration, Economic Welfare, and Financial Inclusion in Mexico.." (2024). https://digitalrepository.unm.edu/econ_etds/165
