The Determinants of Worker's Remittances in Pakistan (Employment Issues) (Report‪)‬

1. INTRODUCTION Remittances are basically a self-enforcing contractual arrangement between the individual migrant and the family. This idea of working abroad looks like that it may be a Pareto-superior strategy for the household when a member migrates elsewhere either as a means of risk sharing or as an investment in excess to higher earning streams. Remittances may then be seen as a device for redistributing gains, with relative shares determined in an implicit arrangement struck between the migrant and the remaining family. The migrant adheres to the contractual arrangements as long as it is in his interest to do so. This interest may be either altruistic or more self-seeking, such as concern for inheritance or the right to return home ultimately in dignity.