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Table 4 Control variables: summary statistics

From: Financial development and the end-use of migrants' remittances

 

Full sample (n = 820)

Banked (n = 464)

Unbanked (n = 356)

Variable

Mean

Std. Dev.

Mean

Std. Dev.

Mean

Std. Dev.

Average monthly remittances

598.52

1000.48

492.97

482.63

736.08

1404.25

Urban area = 1

0.372

0.484

0.5129

0.5004

0.1882

0.3914

Children in household = 1

0.8915

0.3112

0.8987

0.3020

0.8820

0.3230

Education < 6 years

0.3012

0.4591

0.3233

0.4682

0.2725

0.4459

Education 6 to 8 years

0.3634

0.4813

0.3966

0.4897

0.3202

0.4672

Education 9 to 11 years

0.2402

0.4275

0.2004

0.4008

0.2921

0.4554

Education > 11 years

0.0951

0.2936

0.0797

0.2712

0.1152

0.3197

Age of household head

37.88

10.00

38.15

10.26

37.53

9.65

Household size

4.69

1.99

4.80

2.09

4.54

1.83

Number of employed household members

1.62

1.04

1.66

1.04

1.57

1.03