Manuela Angelucci
Migration and Financial Constraints: Evidence from Mexico
University of Michigan–Ann Arbor
paper shows poor households entitlement exogenous temporary guaranteed income stream increases mexican migration united states although income mainly consumed households use entitlement income stream collateral finance migration new migrations come previously constrained individuals households worsen migrant skills sum financial constraints international migration binding poor mexicans would like migrate cannot afford growth antipoverty microfinance programs relax financial constraints poor lowskilled mexican migration united states likely increase