Hypotheses
Says that households in rural areas send migrants to diversify their sources of income for the purpose of insuring themselves against unforeseen economic shocks such as cattle disease, crop failure, tropical storm?
What is the Insurance Hypothesis
Assumes individuals are risk-averse and that they remain in touch with their friends and family (similar to NELM).
What is the (Social) Network Theory
Involves the interplay of financial capital, human capital, and social capital within an identifiable group.
What is Ethnic Capital
Birth on home soil confers citizenship.
What is Jus-Soli
Says that households engage in migration in order to overcome malfunctioning credit markets, which are typically apparent in developing countries
What is the Investment Hypothesis
Developed to explain social problems often associated with labor migration, such as poverty, labor market discrimination and the observed ineffectiveness of education to render higher earrings among migrants.
What is the Dual Labor Market Theory
Refers to tangible economic resources, such as money and liquidable assets.
What is Financial Capital
The development of bridging organizations and the generalizations of solidarity among ethnic subgroups that are perceived to be homogeneous by outsiders
What is Panethnicity
States that households end migrants to reduce their sense of relative deprivation compared to other nearby households
What is the Relative Deprivation Hypothesis
Assumes that individuals are rational, risk-neutral, and that they maximize their utility (which typically implies maximizing their income).
What is the Neoclassical Theory of Migration
Is measured by education, English proficiency, and job skills.
What is Human Capital
The unequal access of two population groups to housing.
What is Residential Segregation