This paper studies the impact of remittances on the savings behaviour of rural households in China, using a cross-sectional survey. Allowing for endogeneity and left-censoring of remittances, we find that the marginal propensity to save out of remittances is well below half of that out of other...

When people can self-insure via migration, they may have less need for informal risk sharing. At the same time, informal insurance may reduce the need to migrate. To understand the joint determination of migration and risk sharing I study a dynamic model of risk sharing with limited commitment...

This book examines essential issues and perspectives on rural labour, helping readers understand the changes that are currently taking place in the labour markets, especially with regard to migrants from rural to urban areas, their socio-economic conditions, factors contributing to such mobility...