Work Migration and Poverty Reduction in Nepal. Michael Lokshin, Mikhail Bontch-Osmolovski, Elena Glinskaya DECRG-PO and SASPR The World Bank. Country background. Poorest country of South Asia Per capita GDP $240 ($1,420 PPP) Maoist Insurgency and political instability
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Michael Lokshin, Mikhail Bontch-Osmolovski, Elena Glinskaya
DECRG-PO and SASPR
The World Bank
Non-parametric regression of incidence of migration and amount of remittances
by lagged asset index
This paper focuses on Q1
The observed consumption behavior is the result of all these effects.
Indirect utility function for state s:
Choice of migration state:
Consumption in a particular state:
Five-variate normal distribution: