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Table 2 Average household expenditures over the past quarter

From: Remittance income uncertainty and asset accumulation

Variables

Percent of HH reporting this expenditure

Average peso expenditure if reported

Human capital investments

   Educational investments

38

2,314

   Health investments

59

835

Physical investments

   Real estate investments (e.g. housing, land, etc.)

15

3,419

   Business investments (e.g. micro-enterprises)

2

3,882

   Purchase of durable assets

23

628

Financial investments

   Financial investments (e.g. bank deposits, stock, etc.)

28

5,338

Ordinary expenditures ( e.g. food, clothing, transportation, etc.)

100

20,126

Total average spending

100

23,082