consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China … precautionary saving channel is more important in the urban household sample, while the investment-employment channel is more …

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 …