Beuermann, Diether Wolfgang; Ruprah, Inder jit; Sierra, … - Inter-American Development Bank - 2014
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …