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Remittances as pure or precautionary investment? Risk, savings and return migration
Matthieu, DELPIERRE; Bertrand, VERHEYDEN - Luxembourg Institute of Socio-Economic Research … - 2010
location decisions. We show that the impact of remittances on the risk faced by the migrant is more complex than usually … location of risk might be counter-intuitive, as remittances increase the migrant’s exposure to risk in the origin country. Also … acknowledged. On the one hand, their effect on aggregate risk is non-monotonic. On the other hand, their impact on the geographical …
Persistent link: https://www.econbiz.de/10008765102
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The Value of a Statistical Life: a Meta-Analysis with a Mixed Effects Regression Model
Bellavance, François; Dionne, Georges; Lebeau, Martin - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
The value of a statistical life (VSL) is a very controversial topic, but one which is essential to the optimization of governmental decisions. Indeed, our society faces any number of risks (health, transportation, work, etc.) and, as resources are limited, their complete elimination is...
Persistent link: https://www.econbiz.de/10005670299
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Individual and Couple Decision Behavior under Risk: The Power of Ultimate Control
Palma, André de; Picard, Nathalie; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2008
risky decisions made separately by each spouse. We estimate both the spouses and the couples’ degrees of risk aversion and … we assess how the risk preferences of the two spouses aggregate when they make risky decisions. This enables us to …
Persistent link: https://www.econbiz.de/10005765204
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Le calcul de la valeur statistique d'une vie humaine
Dionne, Georges; Lebeau, Martin - Volkswirtschaftliche Fakultät, … - 2010
Our society faces many risks that affect human life. Cost-benefit analysis is a very popular project-evaluation tool for reducing these social risks. The government has to set projects or regulations whose benefits will outweigh costs. It is quite easy to evaluate costs but how to evaluate the...
Persistent link: https://www.econbiz.de/10011111759
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Remittances, savings and return migration under uncertainty
Delpierre, Matthieu; Verheyden, Bertrand - In: IZA Journal of Migration 3 (2014) 1, pp. 1-43
Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of … return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty …
Persistent link: https://www.econbiz.de/10011151851
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Precautionary Savings by Natives and Immigrants in Germany
Piracha, Matloob; Zhu, Yu - Forschungsbasierte Infrastruktureinrichtung … - 2007
naturalization has caused significant reductions of savings and remittances for immigrants as a whole, in the magnitude of 13% and 29 …This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about … savings. Using the German Socio-economic Panel data it is shown that, although immigrants have lower levels of savings and are …
Persistent link: https://www.econbiz.de/10005018741
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Precautionary Savings by Natives and Immigrants in Germany
Piracha, Matloob; Zhu, Yu - Institute for the Study of Labor (IZA) - 2007
naturalization has caused significant reductions of savings and remittances for immigrants as a whole, in the magnitude of 13% and 29 …This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about … savings. Using the German Socio-economic Panel data it is shown that, although immigrants have lower levels of savings and are …
Persistent link: https://www.econbiz.de/10005762210
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Precautionary Savings by Natives and Immigrants in Germany
Piracha, Matloob; Zhu, Yu - School of Economics, University of Kent - 2008
savings and remittances for immigrants after the easing of citizenship requirements, compared to the pre-reform period. Our …This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about … savings. Using the German dataset, we exploit a natural experiment arising from a change in the nationality law in Germany to …
Persistent link: https://www.econbiz.de/10005404351
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Saving and Risky Opportunities in a Recursive Model.
Treich, N. - Groupe de Recherche en Économie Mathématique et … - 1996
Persistent link: https://www.econbiz.de/10005780445
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The Effect of an Early Resolution of Uncertainty on Savings.
Gollier, C.; Treich, N. - Groupe de Recherche en Économie Mathématique et … - 1996
We examine in this paper the effect of an early resolution of uncertainty on savings. We show that this effect is in … resolution of uncertainty reduces current savings for various decision problem under uncertainty. …
Persistent link: https://www.econbiz.de/10005639379