Risk Attitudes and Household Migration Decisions

24 November 2016
COMPAS Boardroom

Presenter: Francesco Fasani, lecturer at Queen Mary University.

This study analyses the relation between individual migrations and the risk attitudes of other household members when migration is a household decision. We develop a simple model that implies that which members migrate depends on the distribution of risk attitudes among all household members, and that the risk diversification gain to other household members may induce migrations that would not take place in an individual framework. Using unique data for China on risk attitudes of internal (rural-urban) migrants and the families left behind, we empirically test three key implications of the model:

(i) that conditional on migration gains, less risk averse individuals are more likely to migrate;
(ii) that within households, the least risk averse individual is more likely to emigrate; and,
(iii) that across households, the most risk averse households are more likely to send migrants as long as they have at least one family member with sufficiently low risk aversion.

Our results not only provide strong evidence that migration decisions are taken on a household level but also that the distribution of risk attitudes within the household affects whether a migration takes place and who will emigrate.

11:30am – 12:30pm

Everyone welcome. Please contact Carlos Vargas-Silva at carlos.vargas-silva@compas.ox.ac.uk if you have any questions about this event.

MIGRALAC in Oxford

18 May 2015

Humanist perspectives

Michaelmas term 2014

Migration Film Showings

Tuesdays, Hilary Term 2014

Politics beyond borders: Emigrants and emigration states

Politics beyond borders: Emigrants and emigration states

13:00 - 14:30 Tuesday 25 February 2014

Decade of Migration

Decade of Migration

21 - 22 February 2014

Keywords in Diaspora

Keywords in Diaspora

16:30 – 18:00, Tuesdays (beginning in week 3), Michaelmas Term 2013

The Global Governance of International Migration: What Next?

The Global Governance of International Migration: What Next?

17:00 - 21:30, Friday 29 November 2013

Rethinking Diaspora

Rethinking Diaspora

30 June - 2 July, 2013

Integration, Disadvantage and Extremism

Integration, Disadvantage and Extremism

13:00 - 17:45, Wednesday 8 May 2013

Migration: Theory and Practice

Migration: Theory and Practice

8:45 - 17:30, Saturday 4 May 2013

8th TurkMiS Seminar

8th TurkMiS Seminar

13:00 - 17:00, Friday 26 April 2013

Migration Film Showings: Migrant Lives and Stories

Migration Film Showings: Migrant Lives and Stories

16:30 Tuesdays, Hilary Term 2013

International Migration and the 2011 UK Census

International Migration and the 2011 UK Census

13:45-14:45, Monday 25 February 2013

Migration Film Showings: Journeys

Migration Film Showings: Journeys

16:00 - 18:00, Thursdays, Michaelmas Term 2012

The dispossessed: Responsibilities for Refugees

The dispossessed: Responsibilities for Refugees

14:00 - 15:00, Tuesday 13 November 2012

Turkish Migration Studies Group Workshop

Turkish Migration Studies Group Workshop

13:00 - 17:30, 29 October 2012

Migration Temporalities

Migration Temporalities

10:00 - 15:00, 29 June 2012

No Way Out, No Way In

No Way Out, No Way In

15:30 - 17:00, 25 June 2012

Migrants at Work

Migrants at Work

22 June - 23 June 2012

Citizenship and its Others

Citizenship and its Others

12 - 13 March 2012

Book Launch

Book Launch

17:00 - 18:30, Thursday 9 February 2012

Learning, citizenship and integration

Learning, citizenship and integration

Thursday 17 November 2011

COMPAS DPhil Workshop

COMPAS DPhil Workshop

12:00 - 18:00, Friday, 17 June 2011

Diaspora Studies: Past, Present and Promise

Diaspora Studies: Past, Present and Promise

17:00 - 20:00, Thursday 2 June 2011

Launch of the Migration Observatory

Launch of the Migration Observatory

18:00 - 20:00, 29 March 2011