Meghir, Costas; Mobarak, Ahmed Mushfiq; Mommaerts, Corina; … - 2020 - Current version: August 22, 2020
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...