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This paper has two goals: first to describe a theoretical model which derives relationships among migration decisions explicitly from utility maximization under uncertainty; and second, to examine why nations vary in their internal migration. To explain variation in internal migration, we...
Persistent link: https://www.econbiz.de/10012479099
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
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Recent studies find that observational returns to rural-urban migration are near zero in three developing countries. We revisit this result using panel tracking surveys from six countries, finding higher returns on average. We then interpret these returns in a multi-region Roy model with...
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