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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 - Clermont Auvergne - UCA - Université Clermont Auvergne - CNRS - Centre National de la Recherche Scientifique

Authors registered in the RePEc Author Service: Linguere Mously Mbaye

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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; Risk aversion; Africa; Illegal migration; Discount rate (search for similar items in EconPapers)
Date: 2013-08-30
New Economics Papers: this item is included in nep-afr, nep-iue, nep-mig and nep-upt
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Working Paper: Braving the waves: the role of time and risk preferences in illegal migration from Senegal (2013) Downloads
Working Paper: Braving the Waves: The Role of Time and Risk Preferences in Illegal Migration from Senegal (2013) Downloads
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