We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …

to be a sustainable solution to unbalanced global economic developments. Remittances, Foreign Direct Investment (FDI) and …. Remittances offer no structural solution to reduction of poverty as these funds flow to a selective group of families and are …