Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Risk aversion and the willingness to migrate in 30 transition countries
Abstract This paper uses individual-level data covering 30 transition countries that account for over one-quarter of the worldwide immigrant stock to assess the impact of risk aversion on willingness to migrate. It extends the previous literature by allowing the effect of risk aversion to depend on the level of risk in the sending country. Consistent with theories of individual-level migration decisions, we find that risk aversion has a robust and statistically significant negative impact on willingness to migrate within countries as well as abroad. As predicted by theory, this impact is robustly less negative in riskier sending countries. Furthermore, this negative impact is significantly larger for willingness to migrate abroad than willingness to migrate internally. We also find that, even after controlling for an extensive set of control variables, willingness to migrate internally and abroad are highly correlated. This suggests that internal and international mobility decisions are closely linked.
Risk aversion and the willingness to migrate in 30 transition countries
Abstract This paper uses individual-level data covering 30 transition countries that account for over one-quarter of the worldwide immigrant stock to assess the impact of risk aversion on willingness to migrate. It extends the previous literature by allowing the effect of risk aversion to depend on the level of risk in the sending country. Consistent with theories of individual-level migration decisions, we find that risk aversion has a robust and statistically significant negative impact on willingness to migrate within countries as well as abroad. As predicted by theory, this impact is robustly less negative in riskier sending countries. Furthermore, this negative impact is significantly larger for willingness to migrate abroad than willingness to migrate internally. We also find that, even after controlling for an extensive set of control variables, willingness to migrate internally and abroad are highly correlated. This suggests that internal and international mobility decisions are closely linked.
Risk aversion and the willingness to migrate in 30 transition countries
Huber, Peter (Autor:in) / Nowotny, Klaus (Autor:in)
2020
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
RVK:
ELIB39
/
ELIB45
Lokalklassifikation FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
Can we migrate COVID-19 spreading risk?
Springer Verlag | 2020
|Risk aversion and willingness to pay for water quality: The case of non-farm rural residents
Online Contents | 2017
|Risk aversion, regret aversion and travel choice inertia: an experimental study
Online Contents | 2014
|Precontractual investigation and risk aversion
Emerald Group Publishing | 1994
|Risk aversion, regret aversion and travel choice inertia: an experimental study
Taylor & Francis Verlag | 2014
|