A note on modelling labour migration in LDCs
指出，以家庭为迁移决策单位时，预期收入模型会系统性地低估农村向城市迁移的水平，并分析了引入休闲偏好和风险规避两个变量后的政策含义。
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 aversion 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.