On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
If you have any questions, please contact halo@digital.ox.ac.uk
I document differences in labor income risk across rural and urban households in China and South Africa. Rural households experience large but more transitory shocks, while urban house-holds experience smaller but more persistent income shocks. I combine these estimates with consumption level data to discipline an incomplete market model with endogenous forward-looking migration and informal insurance. Differences in the income process are important to understand both the low passthrough of income shocks to consumption commonly measured in rural environments, and equilibrium selection into migration, which together shape differences in volatility and mean income of rural vs. urban households. I use the model to quantify the impact of differences in income risk and insurance on rural-urban wage gaps, migration, and aggregate productivity.