“…Some of the studies that find a positive relationship between remittances and different types of household investments are Taylor (1992), Glytsos (1993), Brown (1994), Adams (1998), Massey and Parrado (1998), Rozelle et al, (1999), McKormick and Wahba (2001), Muent et al, (2001), Dustmann and Kirchkamp (2002), Kule et al, (2002), Taylor et al, (2003), Zarate -Hoyos (2004), Woodruff and Zenteno (2007) and Yang (2007). Other studies argue that remittances are absorbed into immediate consumption so they don't finance productive investments.…”