Those in Kayes: The Impact of Remittances on their Recipients in Africa
AbstractThis article briefly describes the Soninke labor migration, understood as a means of diversifying risk in a context of missing insurance and credit markets. Historical and anthropological studies on this ethnic group suggest that it is not only the well-being of those left behind which is insured by the migrants, but also the pride of the clan. A simple partial-equilibrium microeconomic model is developed for encapsulating this view, and it brings out the moral hazard problem involved. This prediction is tested econometrically using an original data set collected by one of the authors in the Kayes area (Western Mali), the main source of Soninke labor migration to France.
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Bibliographic InfoPaper provided by Institut d'Économie Industrielle (IDEI), Toulouse in its series IDEI Working Papers with number 308.
Date of creation: Oct 2004
Date of revision:
Publication status: Published in Revue Économique, vol.�56, n°6, Numéro spécial sur "Localisation, migrations et institutions", dirigé par Antoine Bouët, Lionel Fontagné, El Mouhoub Mouhoud, novembre 2005, p.�1331-1358.
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Other versions of this item:
- Jean-Paul Azam & Flore Gubert, 2005. "Those in Kayes. The Impact of Remittances on Their Recipients in Africa," Revue économique, Presses de Sciences-Po, vol. 56(6), pages 1331-1358.
- Azam, Jean-Paul & Gubert, Flore, 2005. "Those in Kayes. The impact of remittances on the recipients in Africa," Economics Papers from University Paris Dauphine 123456789/4571, Paris Dauphine University.
- Jean-Paul Azam & Flore Gubert, 2002. "Those in Kayes. The impact of remittances on their recipients in Africa," Working Papers DT/2002/11, DIAL (Développement, Institutions et Mondialisation).
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
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