Arbeitspapier

Braving the Waves: The Role of Time and Risk Preferences in Illegal Migration from Senegal

This paper aims to provide the first evidence concerning the relationship between time and risk preferences and illegal migration in an African context. Based upon our theoretical model and using a unique data set on potential migrants collected in urban Senegal, we evaluate a measure of time and risk preferences through the individual's intertemporal discount rate and coefficient of absolute risk aversion. Remarkably, our results show that these individual preferences matter in the willingness to migrate illegally and to pay a smuggler.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 7517

Klassifikation
Wirtschaft
International Migration
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Thema
illegal migration
discount rate
risk aversion
Africa
Senegal

Ereignis
Geistige Schöpfung
(wer)
Arcand, Jean-Louis L.
Mbaye, Linguère Mously
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Arcand, Jean-Louis L.
  • Mbaye, Linguère Mously
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2013

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