<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-layout-grid-align: none;"><span style="color: black; font-size: 10pt;"><span style="font-family: Times New Roman;">Using The Pilot for the New Immigrant Survey (NIS-P), a nationally representative sample of new legal immigrants to the United States, this paper examines how religiosity influences immigrants’ remitting behavior. Our analysis addresses two related questions. First, do immigrants from different religious affiliations differ in their remitting behavior? Second, does regular religious service attendance influence their remitting behavior? Our results from logistic regression analyses indicate that immigrants from different religious affiliations do differ in their remitting behavior. Catholics are more likely to remit than individuals with no religion. In contrast, Protestants and individuals from other religion are more likely to remit than Catholics. Regular religious service attendance is positively related to remitting behavior, however, this correlation is not statistically significant.</span></span></p>
This study investigates the effects of exchange rate uncertainty and politicalrisk, after controlling for the conventional macroeconomic detenninants, on remittancestransfers into eight Latin American countries during the period of 1990-2006.The results suggest that an increase in exchange rate uncertainty reduces remittancesflows into these countries. Furthennore, an increase in political risk seems to havea negative but statistically insignificant impact on remittances transfers. Based onthe findings of this paper, we can say that governments of the remittance receivingcountries can influence the inflow of remittances by means of adopting appropriatemacroeconomic policies to reduce exchange rate uncertainty and also by improvingtheir political environments.
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