This paper examines the relationship between individuals’ migration decisions and risk attitudes. We use the Two-Sample Two-Stage Instrumental Variable (TS2SIV) technique to measure relative risk aversion and its impact on migration. Using the probit model, we find that more risk-averse people...

Effective migration management needs to be underpinned by a realistic understanding of the drivers and dynamics of migration and should incorporate lessons learnt about the effects and effectiveness of past migration policies. This study draws policy implications from the analysis of the...