Batista, Catia; Umblijs, Janis - 2014
Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …