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Household inequality and remittances in rural Thailand: a lifecycle perspective
journal contribution
posted on 2023-06-10, 03:43 authored by Richard Disney, Andy MckayAndy Mckay, Chowdhury ShababChowdhury ShababThe 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.
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Publication status
- Published
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- Published version
Journal
Oxford Economic PapersISSN
0030-7653Publisher
Oxford University PressExternal DOI
Page range
1-26Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2022-05-30First Open Access (FOA) Date
2022-08-17First Compliant Deposit (FCD) Date
2022-05-30Usage metrics
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