Recent empirical evidence links migrant remittances and return migration, and stresses the impact of uncertainty on … migrant decisions. Theoretical analyses of the motives for remittances generally neglect these features, and do not include …. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty. This setting, which …

Recent empirical evidence links migrant remittances, savings and return migration, and stresses the inaccuracy of … return migration plans. This paper presents a model of endogenous remittances, savings and return decisions under uncertainty …

theory, migration should play a key role when it comes to insulating per capita consumption from aggregate fluctuations, and …

and chance as interrelated variables that motivate people to try to explore the world and overcome obstacles; the concept …