To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the … rainfall shocks in rural Nicaragua, I find that migrants aged 15-21 years provide unilateral insurance to their origin … household. Distinguishing by destination and economic activity I show that the level of insurance increases when migrants and …

Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing … in their villages. We explain this finding using a model of endogenous migration and risk sharing. When migration is …

Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing … in their villages. We explain this finding using a model of endogenous migration and risk sharing. When migration is risky …

Do remittances sent by overseas migrants serve as insurance for recipient households? This paper examines how … with an insurance motivation for remittances. In such households, we find that roughly 60% of exogenous declines in income … remittances sent by overseas migrants respond to income shocks experienced by Philippine households. Because household income and …

Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing … in their villages. We explain this finding using a model of endogenous migration and risk sharing. When migration is …

Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing … in their villages. Our model of endogenous migration and risk sharing shows that risky and temporary migration …

a "purchase of self insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …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 …

insurance. -- remittances ; insurance ; risk management strategies … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …Empirical evidence that migrants send home more remittances after disasters raises the question of whether remittances …

a purchase of self insurance motive to remit, we also provide evidence of more remittances sent by risk averse …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 …