Do migrants send remittances as a way of self-insurance?

Autor:	Catia Batista, Janis Umblijs
Rok vydání:	2015
Předmět:	Economics and Econometrics Labour economics Risk aversion 050204 development studies media_common.quotation_subject 05 social sciences Immigration Self-insurance Wage Affect (psychology) 0502 economics and business Economics Remittance 050207 economics media_common
Zdroj:	Oxford Economic Papers. 68:108-130
ISSN:	1464-3812 0030-7653
DOI:	10.1093/oep/gpv049
Popis:	How do risk preferences affect migrant remittance behaviour? Examination of this relationship has only begun to be explored. Using a tailored representative survey of 1,354 immigrants in the Greater Dublin Area, Ireland, we find a positive and significant relationship between risk aversion and migrant remittances. Risk-averse individuals are more likely to send remittances home and are, on average, likely to remit a higher amount, after controlling for a broad range of individual and group characteristics. The evidence we obtain, that more remittances are sent by riskaverse immigrants who face higher wage risks and to individuals with more financial resources, is consistent with self-insurance although we cannot, with our data, rule out other exchange motives.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::6f8cf44f7ff2b184f0b0b84aceb44b00 https://doi.org/10.1093/oep/gpv049 Zobrazit plný text záznamu