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Uncertainty and International Migration: An Option Cum Portfolio Model

Anam, Mahmudul; Chiang, Shin-Hwan; Hua, Lieng - In: Journal of Labor Research 29 (2008) 3, pp. 236-250

Persistent link: https://www.econbiz.de/10005015061

Migration, Family, and Risk Diversification

Chen, Kong-Pin; Chiang, Shin-Hwang; Leung, Siu-Fai - Department of Economics, York University - 2002

correlated. We derive and characterize the optimal migration pattern of a family. It is shown to depend on differences in …This paper proposes a formal model of migration in which workers are heterogeneous and markets are stochastically … expected earnings, costs of migration, income risks, and more importantly market correlations. We show that migration can take …

Persistent link: https://www.econbiz.de/10005435823

Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants

Daveri, Francesco; Faini, Riccardo - C.E.P.R. Discussion Papers - 1996

As part of their effort to pool individual risk, households consider spreading their members over a plurality of locations, both inside and outside their country of origin. At the same time, the world is ridden with ‘Chinatowns’ and ‘Little Italies’: people, whenever they move, tend to...

Persistent link: https://www.econbiz.de/10005124202