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This study examines the asset gains to households in Kerala, India, from two types of labor migration: moving overseas versus moving within India for employment. It draws on panel data from waves of a representative household survey conducted in 1998 and 2003. Migrant households as a whole...
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We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in...
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