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possible rational adaptation from criminals to police actions that cause crime displacement in the medium run to other areas …
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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 …
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. Surprisingly, we found that the differences in income by education level declined in most cases. Remittances had a modest effect …
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