Crayen, Dorothee; Hainz, Christa; Martinez, Christiane … - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2012
are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …