The DOI matches its Crossref record; 42 of the 42 references it cites were found in a registry or an index.
Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines
Abstract
Do remittances sent by overseas migrants serve as insurance for recipient households? In a study of how remittances from overseas respond to income shocks experienced by Philippine households, changes in income are found to lead to changes in remittances in the opposite direction, consistent with an insurance motivation. Roughly 60 percent of declines in household income are replaced by remittance inflows from overseas. Because household income and remittances are jointly determined, rainfall shocks are used as instrumental variables for income changes. The hypothesis cannot be rejected that consumption in households with migrant members is unchanged in response to income shocks, whereas consumption responds strongly to income shocks in households without migrants.
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Cites
Motivations to Remit: Evidence from Botswana
Stark, O. (1985) · Journal of Political Economy · doi:10.1086/261341 · Cited by 2,052
Networks in the Modern Economy: Mexican Migrants in the U. S. Labor Market
Munshi, K. (2003) · The Quarterly Journal of Economics · doi:10.1162/003355303321675455 · Cited by 1,787
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Random group effects and the precision of regression estimates
Moulton, B. R. (1986) · Journal of Econometrics · doi:10.1016/0304-4076(86)90021-7 · Cited by 1,626
Risk and Insurance in Village India
Townsend, R. M. (1994) · Econometrica · doi:10.2307/2951659 · Cited by 1,626
Risk and Insurance In Village India
Townsend, R. M., & Townsend, R. (1991) · AgEcon Search (University of Minnesota, USA) · doi:10.22004/ag.econ.294664 · Cited by 1,583
Lucas, R. E. (1987) · Cited by 1,509
Yang, D. (2008) · The Economic Journal · doi:10.1111/j.1468-0297.2008.02134.x · Cited by 1,307
Self-citationRisk-sharing networks in rural Philippines
Fafchamps, M., & Lund, S. (2003) · Journal of Development Economics · doi:10.1016/s0304-3878(03)00029-4 · Cited by 1,211
Consumption Smoothing, Migration, and Marriage: Evidence from Rural India
Rosenzweig, M. R., & Stark, O. (1989) · Journal of Political Economy · doi:10.1086/261633 · Cited by 1,193
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Jack, W., & Suri, T. (2014) · American Economic Review · doi:10.1257/aer.104.1.183 · Cited by 1,435
Migration, immobility and displacement outcomes following extreme events
Black, R., Arnell, N. W., Adger, W. N., Thomas, D., & Geddes, A. (2013) · Environmental Science & Policy · doi:10.1016/j.envsci.2012.09.001 · Cited by 519
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Cattaneo, C., Beine, M., Fröhlich, C. J., Kniveton, D., Martinez-Zarzoso, I., Mastrorillo, M., Millock, K., Piguet, E., & Schraven, B. (2019) · Review of Environmental Economics and Policy · doi:10.1093/reep/rez008 · Cited by 482
Remittances and economic growth: A meta-analysis
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Metadata
- Authors
- Yang, D., & Choi, H.
- Venue
- The World Bank Economic Review
- Publisher
- Oxford University Press (OUP)
- Published
- 2007-01-01
- Volume
- 21
- Issue
- 2
- Pages
- 219-248
- ISSN
- 0258-6770 (ISSN-L)
- 1564-698X
- OpenAlex
- W3121226439
- Cited by
- 788
- References
- 42
- FWCI
- 92.58
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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