| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8739 |
| DP8739 Seasonal Migration and Risk Aversion | |
| Gharad Bryan; Shyamal Chowdhury | |
| 发表日期 | 2012 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | Pre-harvest lean seasons are widespread in the agrarian areas of Asia and Sub-Saharan Africa. Every year, these seasonal famines force millions of people to succumb to poverty and hunger. We randomly assign an $8.50 incentive to households in Bangladesh to out-migrate during the lean season, and document a set of striking facts. The incentive induces 22% of households to send a seasonal migrant, consumption at the origin increases by 30% (550-700 calories per person per day) for the family members of induced migrants, and follow-up data show that treated households continue to re-migrate at a higher rate after the incentive is removed. The migration rate is 10 percentage points higher in treatment areas a year later, and three years later it is still 8 percentage points higher. These facts can be explained by a model with three key elements: (a) experimenting with the new activity is risky, given uncertain prospects at the destination, (b) overcoming the risk requires individual-specific learning (e.g. resolving the uncertainty about matching to an employer), and (c) some migrants are close to subsistence and the risk of failure is very costly. We test a model with these features by examining heterogeneity in take-up and re-migration, and by conducting a new experiment with a migration insurance treatment. We document several pieces of evidence consistent with the model. |
| 主题 | Development Economics |
| 关键词 | Bangladesh Migration Risk aversion |
| URL | https://cepr.org/publications/dp8739 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537575 |
| 推荐引用方式 GB/T 7714 | Gharad Bryan,Shyamal Chowdhury. DP8739 Seasonal Migration and Risk Aversion. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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