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Persistent link: https://www.econbiz.de/10003975037
Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major economic hub and a key player on the international economic landscape. This paper discusses a number...
Persistent link: https://www.econbiz.de/10008660867
We look at the decision of the government or "central planner" in the allocation of scarce governmental resources for tertiary education, as well as that for the individual. We provide estimates of the net present values, or cost and benefits. These include costs of tertiary education; the...
Persistent link: https://www.econbiz.de/10012461844
Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major economic hub and a key player on the international economic landscape. This paper discusses a number...
Persistent link: https://www.econbiz.de/10010280233
Persistent link: https://www.econbiz.de/10009239466
This paper presents key findings on the international experience with migration, focusing on the implications for a developing nation that is a country of origin. The paper identifies several areas of impacts: (1) increases in wages of individual migrants; (2) remittances; (3) impacts on skills...
Persistent link: https://www.econbiz.de/10012569572
We build upon recent literature to do several exercises to assess benefits and costs of the brain drain to Africa. Contrary to a lot of the worries expressed in the media and in aid agencies, the brain drain is probably a net benefit to the source countries. We make several arguments: (1) the...
Persistent link: https://www.econbiz.de/10012724566
Through a randomized experiment and detailed data on communications among farmers, we identify the impact of text-messages-based commodity price information on rural farmers' revenues. The intervention affected prices received by farmers in two ways: (1) a long-lasting increase (9%) for treated...
Persistent link: https://www.econbiz.de/10012822973
In 2011, a reform in the United Arab Emirates allowed any employer to renew a migrant's visa upon contract expiration without written permission from the initial employer. We find that the reform increased incumbent migrants' earnings and firm retention of these workers. This occurs despite an...
Persistent link: https://www.econbiz.de/10013048578
Using new data matching remittances and monthly payroll disbursals, we demonstrate how fluctuations in migrants' earnings in the United Arab Emirates affect their remittances. We consider three types of income fluctuations that are observable by families at home: seasonalities, weather shocks...
Persistent link: https://www.econbiz.de/10013027259