A note on modelling labour Migration in LDCs
指出，以家庭为决策单位的预期收入迁移模型会系统性地低估农村向城市迁移的水平，因为该模型忽略了家庭对休闲的偏好和风险规避倾向。
Taking the family as the rural‐to‐urban migration decision‐making unit, will the ‘expected‐income migration model’ accurately predict the level of migration? Consideration of two variables ‐ desire for leisure, and a version to risk ‐ serves to show that the expected‐income model yields a systematic downward bias in the predicted level of rural‐to‐urban migration. Likely policy implications emanating from the incorporation of these variables in the migration decision are indicated.