Risk Attitudes and Household Migration Decisions

  title={Risk Attitudes and Household Migration Decisions},
  author={C. Dustmann and F. Fasani and X. Meng and L. Minale},
  journal={Labor: Supply & Demand eJournal},
  • C. Dustmann, F. Fasani, +1 author L. Minale
  • Published 2017
  • Economics
  • Labor: Supply & Demand eJournal
  • This paper analyses the relation between individual migrations and the risk attitudes of other household members when migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution of risk attitudes among all household members, and that the risk diversification gain to other household members may induce migrations that would not take place in an individual framework. Using unique data for China on risk attitudes of internal… CONTINUE READING
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