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Do migrant remittances affect household spending? Focus on wedding expenditures
Jakhongir Kakhkharov1, Muzaffarjon Ahunov2
1College of Business, Government and Law, Flinders University, Adelaide, Australia.
Abstract:
We use nationally representative survey data and propensity score matching to investigate the impact of remittances from labor migrants on households' wedding expenditures. The investigation provides evidence that remittance-receiving households spend a smaller share of their budget on wedding ceremonies. Since lavish wedding ceremonies serve the purpose of increasing households' social status through conspicuous displays of wealth, the study concludes that remittance-recipient households are less likely to be engaged in conspicuous consumption than are households that do not receive remittances.
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