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Diaspora transferts information et prudence

Jellal, Mohamed (2014): Diaspora transferts information et prudence. Forthcoming in:

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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.

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