Showing 1 - 10 of 207
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
Aggregate expenditure on durable goods responds too slowly to wealth and other aggregate innovations to be consistent with the simplest frictionless version of PIH (permanent income hypothesis). In this paper I present a model of aggregate expenditure on durab1es that builds up from the lumpy...
Persistent link: https://www.econbiz.de/10013210626
By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light … on the important hypothesis of smoothing. The smoothing hypothesis is that remittances are countercyclical with respect … affirmation of smoothing is important for two reasons. First, it suggests that remittances should be placed on the list of …
Persistent link: https://www.econbiz.de/10013246672
flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …
Persistent link: https://www.econbiz.de/10013056595
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012911691
outcomes of individuals. In this paper, we analyze how they affect the migration decisions of individuals over their lifecycles … this involves rural-urban, long distance, or international migration. Adaptability has a particularly strong impact on … migration for individuals with low cognitive skills, implying a strong positive selection of less educated migrants with respect …
Persistent link: https://www.econbiz.de/10012946492
identified causal impact of migration on innovation suggests the large inflow of foreign migrants into the US since 1965 may have …
Persistent link: https://www.econbiz.de/10013322133
We develop a theoretical model to study how changes in the durability of the goods affects prices of stolen goods, the incentives to steal and the equilibrium crime rate. When studying the production of durable goods, we find that the presence of crime affects consumer and producer surplus and...
Persistent link: https://www.econbiz.de/10012980184
An undesirable feature of Akerlof style models of adverse selection is that ownership of" used cars is independent of preferences and is therefore ad hoc. We present a dynamic model" that incorporates the market for new goods. Consumers self-select into buying new or used" goods making ownership...
Persistent link: https://www.econbiz.de/10013224866
We analyze the efficient subsidy for durable good technologies. We theoretically demonstrate that a policymaker faces a tension between intertemporally price discriminating by designing a subsidy that increases over time and taking advantage of future technological progress by designing a...
Persistent link: https://www.econbiz.de/10013224980