Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines

By Dean Yang, Hwajung Choi. 2007

826 citations recorded by the source corpus.

Subfields: Safety Research, Sociology and Political Science, Soil Science

View Paper: https://www.semanticscholar.org/paper/c6a558ce856bf86693d9cb86c006be651c298c4f

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Citations in the corpus

Emigration and Democracy (2011, neutral): “Weather shocks and natural disasters are exogenous and have been used to instrument migration in several studies (e.g., Munshi, 2003; Yang and Choi, 2007).”
Evaluating the Economic Impact of International Remittances On Developing Countries Using Household Surveys: A Literature Review (2011, methodology): “For instance, the Yang and Choi (2007) study only shows the response of migrant households to the temporary shocks experienced by changes in local rainfall.”
Destruction, Disinvestment, and Death: Economic and Human Losses Following Environmental Disaster (2013, background): “It may also come in the form of extra-household adjustments such as accessing credit markets (Rosenzweig(1988); Cochrane (1991); Morduch (1995)) or relying on transfers (Foster and Rosenzweig (2001); Fafchamps and Lund (2003); Yang and Choi (2007)).”
Labor Supply, School Attendance, and Remittances from International Migration: The Case of El Salvador (2006, background): “4 Indeed, previous studies have stressed the role of remittances as an insurance mechanism in volatile environments (Yang and Choi, 2005).”
Impact of Migration on Economic and Social Development: A Review of Evidence and Emerging Issues (2011, neutral): “Historically, remittances have tended to rise in times of economic downturns, financial crises, and natural disasters because migrants living abroad send more money to help their families back home (World Bank 2006b, Yang 2006, Yang and Choi 2007, Mohapatra et al. 2010).”
What Do We Learn from the Weather? The New Climate-Economy Literature (2014, positive): “42 See Tutino (1989) for an excellent discussion of the reasons for heterogeneous responses of conflict to weather shocks in Mexico historically. 43 Hsiang, Meng, and Cane (2011) find suggestive but statistically insignificant evidence that around 40 percent of the conflict episodes associated with ”
The Determinants of Remittances: A Review of the Literature (2007, background): “The strategic model, first explained by Stark (1995) and later by Stark and Wang (2002) stems from a strategic migration decision made because of wage differentials.”
Market inefficiencies and the adoption of agricultural technologies in developing countries 1 (2013, background): “Remittances from out-migrants can further increase the local benefits associated with labor-saving technologies, both by providing insurance against agricultural variability and a source of capital for new on-farm investments (Rozelle et al. 1999; Yang and Choi 2007).”
Information Frictions in Trade (2014, background): “This paper is not the first to note the importance of rainfall shocks in the Philippines to agriculture; for example, Yang and Choi (2007) uses rainfall shocks as an instrument to see how remittances respond to income shocks.”
Risk-Taking Behavior in the Wake of Natural Disasters (2015, background): “A literature exists on the role of gifts and remittances which households use for insurance and risk-coping strategies (Lucas and Stark, 1985; Rosenzweig and Stark, 1989; Yang and Choi, 2007).”
Monetary Policy in Emerging Markets (2010, background): “Yang and Choi (2007) find that they respond to rainfall-induced economic fluctuations.”
Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa (2009, neutral): “Many studies find that home income is negatively correlated with remittances (e.g., El-Sakka and McNabb, 1999; Bouhga-Hagbe, 2006; Yang and Choi, 2007).”
Migration and Technological Change in Rural Households: Complements or Substitutes? (2008, background): “26 In a related study, Yang and Choi (2005) examine the extent to which overseas remittances serve as insurance for recipient households in the Philippines, exploiting rainfall shocks to identify the causal impact.”