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 …

improves left-behinds' welfare through two different channels: (i) migrants' remittances exceed their forgone income …

This study analyzes the differential consumption patterns of foreign and domestic remittances to migrant households in … foreign and domestic recipients. Foreign remittances are considered as fungible and spent in the same way as other sources of … income. In contrast, domestic remittances are considered a less permanent source of income and are spent more on improving …