remittances. Specifically, using data over 2010-2015 for 72 developing countries, we study the impact of (i) large remittances and … (ii) the geographic concentration of the source of remittances on economic volatilities. Results suggest that while (i …) large remittances can be stabilizing on average, (ii) high remittance concentration from source countries can aggravate …

high levels of risk and limited access to formal financial systems for credit and insurance. In general, the evidence …This paper provides a review of the general concepts and influential findings of empirical research on risk … indicates that their informal mechanisms to mitigate risk play an important role in partially protecting their consumption …

. Depending upon values used for the coefficient of relative risk aversion, the measured urban-rural income gap increases by 20 …

countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing … causality and endogeneity and find that while income smoothing does not appear to be the main motive for sending remittances in … a non-negligible share of households, remittances do indeed smooth household income on average. Other variables …

countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing … causality and endogeneity and find that while income smoothing does not appear to be the main motive for sending remittances in … a non-negligible share of households, remittances do indeed smooth household income on average. Other variables …

that reducing consumption volatility would have on aggregate poverty. We then discuss coverage of consumption insurance … important source of consumption risk as two thirds of households are involved in some level of agricultural production. For … South Africa, we focus on labor market risk proxied by transitions from formal employment to informal work or unemployment …