Beine, Michel A. R.; Charness, Gary; Dupuy, Arnaud - 2022
Estimating the impact of risk aversion on emigration at the individual level is complicated by selection issues. In … this paper, we use original data from Albania on mobility intentions and elicited risk aversion to provide causal estimates … capture a (negative) relationship between risk aversion and emigration intention, a Control Function strategy using the two …