Household inequality and remittances in rural Thailand: a lifecycle perspective

Disney, Richard, McKay, Andy and Shabab, C Rashaad (2022) Household inequality and remittances in rural Thailand: a lifecycle perspective. Oxford Economic Papers. ISSN 0030-7653 (Accepted)

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Abstract

The paper studies the dynamics of income inequality among a panel of rural households in Thailand. In contrast to the many cross-section studies of income inequality, the paper exploits a long panel data set to examine lifetime trajectories of household inequality. It finds that income inequality is decreasing over time within cohorts delineated by decennial birth dates of heads of household. This decline in inequality primarily arises from differences in receipt of remittances from adult children of the head of household who live outside the village of origin. On average, poorer households receive remittances from a larger number of children, the annual amount remitted per child is a greater proportion of household income than in richer households, and the importance of remittances in household incomes grows as the head of household ages.

Item Type: Article
Schools and Departments: University of Sussex Business School > Economics
SWORD Depositor: Mx Elements Account
Depositing User: Mx Elements Account
Date Deposited: 30 May 2022 07:55
Last Modified: 30 May 2022 08:00
URI: http://sro.sussex.ac.uk/id/eprint/106154

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