Introduction Statement of the Problem
Do remittances affect the consumption pattern of the Filipino households? The objective of this paper is to formulate structural models to illustrate the change in consumption pattern of the Filipino households. In this study, our aim is to use an advanced econometric approach to find out if there is indeed such change in the consumption pattern of the household receiving remittances as compared to those who only get their income from domestic sources. There are several studies regarding the consumption […]