Insurance Motives for Rural-to-Urban Migration
In this paper, we attempt to develop an intertemporal model of rural-to-urban migration in the context of a poor rural economy. With a peasant household as the decision making unit we explore how rural-to-urban migration may be adopted as a strategy mto cope with the income risks arising from employment uncertainties. In particular, we show that it may be optimal for households, in the absence of formal insurance markets, to allocate some of their labour power to urban labour market, i.e., send some household members to the coty to seek unskilled jobs and thereby achieve an optimal risk spreading, given that the income risks in urban and rural labour markets respectively are idissyncratic.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway|
Web page: http://www.uib.no/econ/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:fth:bereco:0698. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel)
If references are entirely missing, you can add them using this form.