Braving the waves: the role of time and risk preferences in illegal migration from Senegal

Jean-Louis Arcand and Linguère M'Baye
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Linguère M'Baye: CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper aims to provide the first evidence concerning the relationship between time and risk preferences and illegal migration in an African context. Based upon our theoretical model and using a unique data set on potential migrants collected in urban Senegal, we evaluate a measure of time and risk preferences through the individual's intertemporal discount rate and coefficient of absolute risk aversion. Remarkably, our results show that these individual preferences matter in the willingness to migrate illegally and to pay a smuggler.

Keywords: Senegal; Africa; Risk aversion; Discount rate; Illegal migration (search for similar items in EconPapers)
Date: 2013-08-30
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00855937
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Citations: View citations in EconPapers (5)

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Related works:
Working Paper: Braving the waves: the role of time and risk preferences in illegal migration from Senegal (2013)
Working Paper: Braving the waves: the role of time and risk preferences in illegal migration from Senegal (2013)
Working Paper: Braving the Waves: The Role of Time and Risk Preferences in Illegal Migration from Senegal (2013)
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