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It is often assumed that international labor migration from Tajikistan, while having no noticeable effects on … the migration decision is developed and tested empirically. In a second step, the effect of low-skilled labor migration on … household expenditure shares is analyzed using 2SLS. While only weak effects of migration measured by a simple dummy are visible …
Persistent link: https://www.econbiz.de/10010457933
Temporary and circular migration programs have been devised by many destination countries and supported by the European … additional reason for proposing temporary migration policies based on the characteristics of the foreign labor-effort supply. The … when temporary migration policies are adopted. -- Migration ; Exertion of effort ; Contracted Temporary Migration …
Persistent link: https://www.econbiz.de/10008990097
We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each...
Persistent link: https://www.econbiz.de/10013342046
In HANK, we show that fiscal policy is an appropriate macroeconomic stabilization tool at the ZLB. Fiscal policy achieves the same macroeconomic aggregates and the same welfare as hypothetically unconstrained monetary policy by replicating its transmission mechanism. Consumption taxes and labor...
Persistent link: https://www.econbiz.de/10012549562
Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …
Persistent link: https://www.econbiz.de/10014532676
large rise in remittances, and an increased flow of skilled migration. However, recent literature based on cross …Two of the most salient trends surrounding the issue of migration and development over the last two decades are the …-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration …
Persistent link: https://www.econbiz.de/10014532677
How is migration related to informal activities? They may be complementary since new migrants may have difficulty … finding employment in formal work, so many of them end up informally employed. Alternatively, migration and informality may be … substitutes since migrants' incomes in their new locations and income earned in the home informal economy (without migration) are …
Persistent link: https://www.econbiz.de/10014532731
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The quantitative … inherently multi-country nature of both migration and other forms of integration, such as international trade and remittance …
Persistent link: https://www.econbiz.de/10014532736
We investigate the relationship between remittances and migrants' education both theoretically and empirically, using … original bilateral remittance data. At a theoretical level we lay out a model of remittances interacting migrants' human … between remittances and migrants' education is ambiguous and depends on the immigration policy conducted at destination. The …
Persistent link: https://www.econbiz.de/10014532860
household-level idiosyncratic shocks. Importantly, we find that the availability of mobile money increased migration out of …
Persistent link: https://www.econbiz.de/10014532934