Cognitive Constructs and the Intention to Remit

This paper explores migrants’ motivations to remit from a new, behavioural (cognitive) perspective, based on Structural Equation Modelling. We supplement the mainstream economic analyses of migrants’ observed characteristics by analysing remitting behaviour based on the Theory of Planned Behaviour (TPB). With this behavioural lens, we show that non-tangible, cognitive constructs are highly relevant in explaining the intention to remit. Results underline the fact that migrants’ attitudes and norms, the latter in particular driven by the family, are decisive for remitting. Classical socioeconomic variables also show significant results, but contribute comparatively little to explaining the intention to remit.