Where Do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants

Francesco Daveri () and Riccardo Faini ()

Working Papers from Banca Italia - Servizio di Studi

Abstract: As part of their efforts to pool individual risks, households consider spreading their members over a multiplicity of locations both within their country of origin and abroad. At the same time, the world has innumerable Chinatown and Little Italies : when people move they tend to bunch in the same location. Bunching would appear to be fundamentally at odds with the desire for risk diversification. In this paper we provide a framework to reconcile spatial bunching and spreading of migrants, combining risk-aversion and concavity of mobility costs at the household level.

Keywords: RISK AVERSION; MIGRANTS; ITALY (search for similar items in EconPapers)
JEL-codes: J11 J15 (search for similar items in EconPapers)
Date: 1996

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:fth:banita:290

Access Statistics for this paper

More papers in Working Papers from Banca Italia - Servizio di Studi
Address: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy.
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().