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Remittances and the Brain Drain
Faini, Riccardo - C.E.P.R. Discussion Papers - 2006
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 … home out of a given flow of earnings abroad. We then derive an empirical equation of remittances and estimate it on a large …
Persistent link: https://www.econbiz.de/10005114298
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A Global View of Cross-Border Migration
di Giovanni, Julian; Levchenko, Andrei A.; Ortega, Francesc - C.E.P.R. Discussion Papers - 2014
difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … flows -- such as Jamaica or El Salvador -- are also better off due to migration, but for a different reason: remittances … about 10% in countries with large incoming remittances. Our results are robust to accounting for imperfect transferability …
Persistent link: https://www.econbiz.de/10011083627
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Teaching Practices and Social Capital
Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - C.E.P.R. Discussion Papers - 2011
We use several data sets to consider the effect of teaching practices on student beliefs, as well as on organization of firms and institutions. In cross-country data, we show that teaching practices (such as copying from the board versus working on projects together) are strongly related to...
Persistent link: https://www.econbiz.de/10009351521
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Professional Network and Career Coevolution
Berardi, Nicoletta; Seabright, Paul - C.E.P.R. Discussion Papers - 2011
This paper examines how networks of professional contacts contribute to the development of the careers of executives of European and US companies. We build a dynamic model of career progression in which career moves both depend upon existing networks and contribute to the development of future...
Persistent link: https://www.econbiz.de/10009359489
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Deep Financial Integration and Volatility
Kalemli-Ozcan, Sebnem; Sørensen, Bent E; Volosovych, Vadym - C.E.P.R. Discussion Papers - 2010
We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset (AMADEUS) from 16 European countries, we construct a measure of ``deep'' financial integration at the regional level based on observations of...
Persistent link: https://www.econbiz.de/10008468519
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Civic Capital as the Missing Link
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2010
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10008468690
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Social Capital and Political Accountability
Nannicini, Tommaso; Stella, Andrea; Tabellini, Guido; … - C.E.P.R. Discussion Papers - 2010
In this paper, we empirically investigate a channel through which social capital may improve economic wellbeing and the functioning of institutions: political accountability. The main idea is that voters who share norms of generalized morality demand higher standards of behavior on their elected...
Persistent link: https://www.econbiz.de/10008530376
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Two is Company, N is a Crowd? Merchant Guilds and Social Capital
Dessí, Roberta; Piccolo, Salvatore - C.E.P.R. Discussion Papers - 2009
Local merchant guilds were ubiquitous in medieval Europe, and their development was inextricably linked with the development of towns and the rise of the merchant class. We develop a theory of the emergence of local merchant guilds as an efficient mechanism to implement collusion among merchants...
Persistent link: https://www.econbiz.de/10004976786
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Social Attitudes and Economic Development: An Epidemiological Approach
Algan, Yann; Cahuc, Pierre - C.E.P.R. Discussion Papers - 2007
In this paper we develop a new empirical approach to uncovering the impact of social attitudes on economic development. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their forebears. In the spirit of the epidemiology literature,...
Persistent link: https://www.econbiz.de/10005124005
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Globalization and Cooperative Relations
Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2002
Globalization – improved access to integrated, anonymous markets – is claimed to crowd out cooperative relations: from reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents’ intertemporal preferences and their access to markets...
Persistent link: https://www.econbiz.de/10005136656