Los efectos de la migración internacional en las condiciones de vida de los hogares colombianos

Based on previous works, treating migration as a development tool, we assess the effect of migration on living standards by modeling the impact of having an emigrant household member on the Living Standards Index. As usual in migration related literature, we treat endogenous nature of migration by using an instrumental variables approach. We find that households with members living abroad are more likely to have a higher index. Likewise, the presence of emigrant members increases the probability of being in the half of households with better living standards.