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Remittances, savings and return migration under uncertainty
Delpierre, Matthieu; Verheyden, Bertrand - In: IZA Journal of Migration 3 (2014), pp. 1-43
Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of … return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty …
Persistent link: https://www.econbiz.de/10011586026
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Remittances, savings and return migration under uncertainty
Delpierre, Matthieu; Verheyden, Bertrand - In: IZA journal of migration : IZAJOM 3 (2014), pp. 1-43
Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of … return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty …
Persistent link: https://www.econbiz.de/10010472791
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Remittances, Savings and Return Migration Under Uncertainty
Delpierre, Matthieu - 2015
. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty. This setting, which …Recent empirical evidence links migrant remittances and return migration, and stresses the impact of uncertainty on … migrant decisions. Theoretical analyses of the motives for remittances generally neglect these features, and do not include …
Persistent link: https://www.econbiz.de/10013021390
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Remittances as pure or precautionary investment? Risk, savings and return migration
Matthieu, DELPIERRE; Bertrand, VERHEYDEN - Luxembourg Institute of Socio-Economic Research … - 2010
location decisions. We show that the impact of remittances on the risk faced by the migrant is more complex than usually … location of risk might be counter-intuitive, as remittances increase the migrant’s exposure to risk in the origin country. Also … acknowledged. On the one hand, their effect on aggregate risk is non-monotonic. On the other hand, their impact on the geographical …
Persistent link: https://www.econbiz.de/10008765102
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Wider boundaries : the welfare state and international remittances
Amegashie, J. Atsu; Batu, Michael - 2015
Recent theoretical work shows that precautionary savings increase in response to an increase in first-order risk. In … welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … that an immigrant will increase his remittances in response to a first-order risk decrease in future income. Using changes …
Persistent link: https://www.econbiz.de/10011300358
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Risk Sharing Capacity : Markets versus Households
Gersbach, Hans - 2014
-space approach of Arrow-Debreu. A host of new interesting economic issues emerge. First, risk averse agents can attempt to insure … an open question. Second, one may ask more specifically what is the role of social groups for risk sharing and risk … allocation when agents face idiosyncratic or aggregate risk. Third, does a suitable combination of social group formation and …
Persistent link: https://www.econbiz.de/10013061191
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Individual and Couple Decision Behavior under Risk: The Power of Ultimate Control
Palma, André de; Picard, Nathalie; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2008
risky decisions made separately by each spouse. We estimate both the spouses and the couples’ degrees of risk aversion and … we assess how the risk preferences of the two spouses aggregate when they make risky decisions. This enables us to …
Persistent link: https://www.econbiz.de/10005765204
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Le calcul de la valeur statistique d'une vie humaine
Dionne, Georges; Lebeau, Martin - Volkswirtschaftliche Fakultät, … - 2010
Our society faces many risks that affect human life. Cost-benefit analysis is a very popular project-evaluation tool for reducing these social risks. The government has to set projects or regulations whose benefits will outweigh costs. It is quite easy to evaluate costs but how to evaluate the...
Persistent link: https://www.econbiz.de/10011111759
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The Value of a Statistical Life: a Meta-Analysis with a Mixed Effects Regression Model
Bellavance, François; Dionne, Georges; Lebeau, Martin - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
The value of a statistical life (VSL) is a very controversial topic, but one which is essential to the optimization of governmental decisions. Indeed, our society faces any number of risks (health, transportation, work, etc.) and, as resources are limited, their complete elimination is...
Persistent link: https://www.econbiz.de/10005670299
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Remittances, savings and return migration under uncertainty
Delpierre, Matthieu; Verheyden, Bertrand - In: IZA Journal of Migration 3 (2014) 1, pp. 1-43
Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of … return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty …
Persistent link: https://www.econbiz.de/10011151851