Crayen, Dorothee; Hainz, Christa; Martinez, Christiane … - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2012
remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies …Empirical evidence that migrants send home more remittances after disasters raises the question of whether remittances … are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique …