Squandering Remittances Income in Conspicuous Consumption?

Book chapter

Kakhkharov, Jakhongir and Ahunov, Muzaffar. (2020). Squandering Remittances Income in Conspicuous Consumption? In In Akimov, A. and Kazakevitch, G. (Ed.). 30 Years since the Fall of the Berlin Wall pp. 271 Palgrave Macmillan (Springer Nature). https://doi.org/10.1007/978-981-15-0317-7_12
AuthorsKakhkharov, Jakhongir and Ahunov, Muzaffar
EditorsAkimov, A. and Kazakevitch, G.
Abstract

We investigate the impact of remittances from labour migrants on household expenditures in Uzbekistan by comparing mean expenditures and using unique, nationally representative survey data. The results provide evidence that remittance-receiving households spend more on wedding ceremonies, gifts, and non-food expenditures. Most of these expenditures have the purpose of increasing the households’ social status, so they could be classified as manifestations of conspicuous consumption in order to display wealth and income, rather than to cover the consumer’s investment needs.

Keywordsremittances; labour migration; Uzbekistan; conspicuous consumption; social status
Page range271
288
Year01 Jan 2020
Book title30 Years since the Fall of the Berlin Wall
PublisherPalgrave Macmillan (Springer Nature)
Place of publicationSingapore
Edition1st
SeriesPalgrave Studies in Economic History
ISBN978-981-15-0316-0
Digital Object Identifier (DOI)https://doi.org/10.1007/978-981-15-0317-7_12
Web address (URL)https://link.springer.com/chapter/10.1007/978-981-15-0317-7_12
Open accessPublished as non-open access
Research or scholarlyResearch
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Output statusPublished
Publication dates
Online09 Jan 2020
Publication process dates
Deposited11 Jul 2024
Additional information

The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2020

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