Where Do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants
AbstractAs 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.
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Bibliographic InfoPaper provided by Banca Italia - Servizio di Studi in its series Papers with number 290.
Length: 23 pages
Date of creation: 1996
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RISK AVERSION ; MIGRANTS ; ITALY;
Other versions of this item:
- Daveri, Francesco & Faini, Riccardo, 1996. "Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants," CEPR Discussion Papers 1540, C.E.P.R. Discussion Papers.
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, and Immigrants; Non-labor Discrimination
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- Hunt, Jennifer, 2000.
"Why Do People Still Live in East Germany?,"
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- Hunt, Jennifer, 2000. "Why Do People Still Live In East Germany?," CEPR Discussion Papers 2431, C.E.P.R. Discussion Papers.
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- A. Daniela Cristina, 2008. "What Sways the Decision to Migrate? An Empirical Analysis of the Argentinean Case," Revista de Economía y Estadística, Universidad Nacional de Córdoba, Facultad de Ciencias Económicas, Instituto de Economía y Finanzas, vol. 0(1), pages 7-30, January.
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