somewhat controversial. The most recent literature has focused on the link between skilled out-migration and educational … home thanks to a relatively larger flow of remittances. Skilled migrants typically earn relatively more and, ceteris … flow of remittances from skilled migrants. Hence, the sign of the impact of the brain drain on total remittances is an …

flows -- such as Jamaica or El Salvador -- are also better off due to migration, but for a different reason: remittances …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

undesirable behavior. Parents want the best for their children. Still, they weigh the marginal gains from socializing their …Societies socialize children about sex. This is done in the presence of peer-group effects, which may encourage … children against its costs. Churches and states may stigmatize sex, both because of a concern about the welfare of their flocks …

leveraged banks’ precautionary demand for liquidity. When adverse asset shocks materialize, a bank’s ability to roll over debt …

countries. Information is available on overall moves (1981–95) and asylum migration (1984–95). The estimation results confirm … international migration from developing to developed countries. In addition, we look at the relationship between trade, development … and migration. Empirical studies focusing on international migration from Less Developed Countries (LDCs) are, so far …

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

redistributions enables the beneficiaries to educate their children and thus to escape from poverty and to overcome child labour. We … agriculture-based state of poverty to a human capital-based developed economy. …

, mostly because children moved savings from home to school. We observed few other impacts. We do find that financial education …We evaluate, using a randomized trial, two school-based financial literacy education programs in government-run primary … offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked …