Article ID Journal Published Year Pages File Type
992022 World Development 2009 11 Pages PDF
Abstract

SummaryRisk pooling literature argues the need for geographic proximity to ensure the functioning of informal insurance arrangements. This paper investigates whether these arrangements exist between migrants and their network members back home and, if so, how they work in the absence of geographic proximity. Analysis of a simultaneous matched sample of migrants in the Netherlands and network members in Ghana reveals the existence of reverse remittances. These remittances show that there is risk pooling between migrants and network members. The paper elaborates on the institutional arrangements that make such a system possible.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,