This chapter reviews the recent theoretical and empirical economic literature on migrants'
remittances. It is divided between a microeconomic section on the determinants of …

Publisher Summary This chapter reviews recent advances in the empirical literature on the
role that households and families play in investing in human resources. It describes the …

The full insurance model is tested using data from three poor, high risk villages in the semi-
arid tropics of southern India. The model presented here incorporates a number of salient …

This book provides an overview of recent research on saving and consumption, a field in
which substantial progress has been made over the last decade. Economists attempting to …

There is a general presumption in the literature and among policymakers that immigrant
remittances play the same role in economic development as foreign direct investment and …

Previous work on firm ownership structure suggests that organizations in which ownership
and control are combined may be undervalued relative to the market investment rule …

Using detailed data on gifts, loans, and asset sales, this paper investigates how rural Filipino
households deal with income and expenditure shocks. We find that shocks have a strong …

We use data from the National Longitudinal Surveys to investigate the relative importance of
family financial and human capital in the transition into self-employment. Specifically, we …

The permanent income hypothesis implies that, for any cohort of people born at the same
time, inequality in both consumption and income should grow with age. We investigate this …

This paper explores the link between financial market incompleteness and human capital
accumulation. We examine how child school attendance responds to seasonal fluctuations …