Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/80703 
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Papers No. 7517
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
illegal migration
discount rate
risk aversion
Africa
Senegal
JEL: 
F22
O15
O16
R23
Document Type: 
Working Paper

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