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Item Restricted A cost-benefit analysis of overseas employment: a case study of households from 3 OFW organizations in Quezon City(2005-10) Capili, Joey John; Castillo, Noel B.; Tecson, GwendolynThis paper is a case study of the merits of Filipino overseas employment experienced by thirty households coming from three overseas Filipino worker (OFW) organizations around Quezon City. Individual household interviews were conducted to identify the benefits and costs associated with the foreign employment activity of at least one of their household members. Project evaluation methods were used to quantify the results and to determine the profitability of the activity. Per year comparison of the total costs and total benefits of all the households taken together yielded generally positive results, with 26 years out of the total 28 year duration when at least one of the sample households sent a member abroad for employment registering larger benefits received than costs incurred. However, per household cost- benefit analysis using the net present value (NPV) criterion yielded strikingly different results, with 14 out of the 30 households examined garnering negative NPVs or the reject decision rule. This means that although aggregate results were positive, nearly half of the households examined did not profit from their investment and would have likely been better off if they did not engage in the activity. This highlights the relatively high financial risk associated with pursuing overseas employment, which is contrary to the popular notion of it being a surefire way to wealth and economic security. Social costs, the set of unquantifiable psychological, emotional, and relationship problems and conflicts encountered as a result of the separation of household members due to the overseas employment, were also factored. Although widely judged as unquantifiable, valuations given by a clinical psychologist of how much the household would likely spend in therapy and consultations to cope with those problems were used as a rough estimation in considering its impact on the household's welfare. This further decreased the resulting NPV s of the households that incurred such costs although the relative impact of their quantification was not considerable.Item Restricted Socio-demographic characteristics of OFW households in the city of Pasay(2009-10) Abergas, Maria Andrea S.; Coronel, Aira Juana M.This study investigates the factors affecting the decision of a household for one of the members to work abroad for the municipality of Pasay. The theoretical framework used in this paper is the behavioral model of mobility, which stresses the influence of personal attributes of all the members of the household, aside from economic and other non-economic considerations, in the decision of the individual to work abroad. Specifically, the socio-demographic characteristics of the household head, spouse, and child taken into account are the following: gender, age, level of education, employment, and marital status. The presence of other members not part of the nuclear family is also considered. Using the logistic regression model, the following personal characteristics increase the probability of having at least one Overseas Filipino Worker (OFW) in the household: age of at least 21 years and level of education of at least high school of the household head; age and college level of education of the child; and the presence of other members in the household. However, the following characteristics decrease the said likelihood: gender, age of at most 20 years, and employment of the household head; age and high school level of education of the spouse; high school level of education of the child; and the number of employed individuals in the household. Further study on the subject on which socio-demographic characteristics affect the decision of who among the household members will work abroad is recommended.