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

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  • Jean-Louis Arcand

    (GRADUATE INSTITUTE OF INTERNATIONAL AND DEVELOPMENT STUDIES - GRADUATE INSTITUTE OF INTERNATIONAL AND DEVELOPMENT STUDIES - GRADUATE INSTITUTE OF INTERNATIONAL AND DEVELOPMENT STUDIES)

  • Linguère Mously MBAYE

    (CERDI - Centre d'études et de recherches sur le developpement international - CNRS : UMR6587 - Université d'Auvergne - Clermont-Ferrand I)

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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.

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    Bibliographic Info

    Paper provided by HAL in its series Working Papers with number halshs-00855937.

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    Date of creation: 30 Aug 2013
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    Handle: RePEc:hal:wpaper:halshs-00855937

    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00855937
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    Related research

    Keywords: Illegal migration; Discount rate; Risk aversion; Africa; Senegal;

    This paper has been announced in the following NEP Reports:

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