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Diaspora transferts information et prudence
[Remittances uncertainty and prudence]

Author

Listed:
  • Jellal, Mohamed

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.

Suggested Citation

  • Jellal, Mohamed, 2014. "Diaspora transferts information et prudence [Remittances uncertainty and prudence]," MPRA Paper 57797, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:57797
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    References listed on IDEAS

    as
    1. Dustmann, Christian & Mestres, Josep, 2010. "Remittances and temporary migration," Journal of Development Economics, Elsevier, vol. 92(1), pages 62-70, May.
    2. Poirine, Bernard, 1997. "A theory of remittances as an implicit family loan arrangement," World Development, Elsevier, vol. 25(4), pages 589-611, January.
    3. Cox, Donald, 1987. "Motives for Private Income Transfers," Journal of Political Economy, University of Chicago Press, vol. 95(3), pages 508-546, June.
    4. Dustmann, Christian, 1997. "Return migration, uncertainty and precautionary savings," Journal of Development Economics, Elsevier, vol. 52(2), pages 295-316, April.
    5. Frederic Docquier & Hillel Rapoport, 2000. "Strategic and Altruistic Remittances," International Economic Association Series, in: L.-A. Gérard-Varet & S.-C. Kolm & J. Mercier Ythier (ed.), The Economics of Reciprocity, Giving and Altruism, chapter 16, pages 285-297, Palgrave Macmillan.
    6. Dustmann, Christian & Kirchkamp, Oliver, 2002. "The optimal migration duration and activity choice after re-migration," Journal of Development Economics, Elsevier, vol. 67(2), pages 351-372, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Remittances; Uncertainty ; Prudence;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances

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