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This paper analyses the relation between individual migrations and the risk attitudes of other household members when … migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution … of risk attitudes among all household members, and that the risk diversification gain to other household members may …
Persistent link: https://www.econbiz.de/10011625338
This paper provides evidence on the impacts of non-cognitive skills and attitudes towards risk on the decision to migrate from rural to urban areas. Our analysis is based on a unique four-wave panel of Ukrainian Longitudinal Monitoring Survey for the period between 2003 and 2012. Adopting the...
Persistent link: https://www.econbiz.de/10011731895
Why are better educated and more risk-friendly persons more mobile across regions? To answer this question, we use micro data on internal migrants from the German Socio- Economic Panel (SOEP) 2000-2006 and merge this information with a unique proxy for region-pair-specific cultural distances...
Persistent link: https://www.econbiz.de/10009621566
contemplating migration encourages women to accept CCT. And if a household perspective is brought to bear, then a household's free …
Persistent link: https://www.econbiz.de/10012430651
To contribute to a scarce literature, in particular for developing and emerging economies, we study the nature of measured risk attitudes and their consequences for migration. We also investigate whether substantial changes in the risk environment influences risk tolerance. Using the 2009 RUMiC...
Persistent link: https://www.econbiz.de/10011346769
Ever since Sjaastad (1962), researchers have struggled to quantify the psychic costs of migration. We monetize psychic cost as the wage premium for moving to a culturally different location. We combine administrative social security panel data with a proxy for cultural difference based on...
Persistent link: https://www.econbiz.de/10010498534
Previous literature shows that internal migration rates are strongly procyclical. This would seem to imply that geographic relocation does not help mitigate negative local economic shocks during recessions. This paper shows that this is not the case. I document that net in-migration rates...
Persistent link: https://www.econbiz.de/10010479002
Residential mobility rates in the U.S. have fallen considerably over the past three decades. The cause of the long-term decline remains largely unexplained. In this paper we investigate the relative importance of alternative drivers of residential mobility, including job opportunities,...
Persistent link: https://www.econbiz.de/10011997718
to get access to resources without support from unemployment compensation. Analysing a household survey from 1995, we … find that the household formation response of the unemployed is the critical way in which they assure access to resources …. In particular, unemployment delays the setting up of an individual household of young people, in some cases by decades …
Persistent link: https://www.econbiz.de/10011339681
For at least half a century, and building on observations first made a century earlier, the gravity model has been the most commonly‐used paradigm for understanding gross migration flows between regions. This model owes its success to, firstly, its intuitive consistency with migration...
Persistent link: https://www.econbiz.de/10011580582