Diaspora transferts information et prudence

Remittances uncertainty and prudence

Mohamed Jellal ()

MPRA Paper from University Library of Munich, Germany

Abstract: This purpose of our paper is to explores the consequences of uncertainty on the remittances.These transfers are sent by a diaspora of emigrants who are motivated by altruism rather than pure self-interest. Migrants are assumed to care about the consumption of home-resident family members as well as their own welfare. We prove that changes in remittances are not explained by the risk aversion but they are related to family prudence (Kimball, 1990).Indeed, our main finding shows that in the presence of uncertainty transfers may be more important if the migrant families are prudent.

Keywords: Remittances; Uncertainty; Prudence (search for similar items in EconPapers)
JEL-codes: D8 D81 F22 F24 (search for similar items in EconPapers)
Date: 2014-08-06
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:57797

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