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- W1558953301 abstract "Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the literature, the question of identifying this relationship empirically has only begun to be explored. Using a unique representative survey of 1500 immigrants in the Greater Dublin Area, Ireland, we find a positive and significant relationship between risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average, likely to remit a higher amount, after controlling for a broad range of individual and group characteristics. Consistent with a purchase of self-insurance motive to remit, we also provide evidence of more remittances sent by risk averse immigrants facing higher wage risks and remitting to individuals with more financial resources." @default.
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- W1558953301 date "2014-01-01" @default.
- W1558953301 modified "2023-09-27" @default.
- W1558953301 title "Do Migrants Send Remittances as a Way of Self-Insurance? Evidence from a Representative Immigrant Survey" @default.
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- W1558953301 doi "https://doi.org/10.2139/ssrn.2403121" @default.
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