@TechReport{iza:izadps:dp9494,
            	author={Millán, Teresa Molina},
            	title={Regional Migration, Insurance and Economic Shocks: Evidence from Nicaragua},
            	year={2015},
	month={Nov},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={9494},
            	url={https://www.iza.org/publications/dp9494},
	abstract={To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the causal impact of income shocks at a migrant's origin and destination location on the bilateral transfer of funds. Using rainfall shocks in rural Nicaragua, I find that migrants aged 15-21 years provide unilateral insurance to their origin household. Distinguishing by destination and economic activity I show that the level of insurance increases when migrants and households are exposed to less correlated shocks. In addition, I find evidence of bilateral insurance among rural migrants exposed to rainfall shocks with low levels of correlation with respect to shocks occurring at origin.},
	keywords={insurance;risk;remittances;internal migration;inter-households transfers;weather shocks},
            }