On the Role of Urban‐to‐Rural Remittances in Rural Development
提出一个分析发展中国家农村向城市迁移的新框架，揭示城市向农村汇款如何通过家庭效用最大化行为绕过信贷和风险约束，推动农业技术变革。
In this paper I present a new approach to rural-to-urban migration in developing countries. This approach sheds new light on the role of urban-to-rural remittances in bringing about technological change in the agricultural sector of these countries. At the core of the new approach is a utility maximizing family that by means of the migration of a family member bypasses the constraints on technological change imposed by lack of credit and risk. The paper discusses how to bring the new approach to the data.