Showing 1 - 10 of 247
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
This paper studies asymmetry of information and transfers within a unique data set of 712 extended family networks from …
Persistent link: https://www.econbiz.de/10011084616
National borders, including the easily crossed US-Canada border, have been shown to separate markets and sustain price differences. The resulting arbitrage opportunities vary temporally with the exchange rate and cross-sectionally with travelers' distance to the border. We estimate a structural...
Persistent link: https://www.econbiz.de/10011083500
home thanks to a relatively larger flow of remittances. Skilled migrants typically earn relatively more and, ceteris … likely to reunite with their close family in the host country. Both factors should be associated with a relatively smaller … flow of remittances from skilled migrants. Hence, the sign of the impact of the brain drain on total remittances is an …
Persistent link: https://www.econbiz.de/10005114298
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...
Persistent link: https://www.econbiz.de/10011083564
Many migrations are temporary – a fact that has often been ignored in the economic literature on migration. Such omission may be serious in that expected migration temporariness can impart a distinct dynamic element to immigrants’ economic behavior, generating possible consequences for...
Persistent link: https://www.econbiz.de/10011145422
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
Immigration is one of the most hotly debated policy issues in the United States today. Despite marked divergence of opinions within political parties, several important immigration reforms were introduced in the post 1965 era. The purpose of this paper is to systematically analyze the drivers of...
Persistent link: https://www.econbiz.de/10008873334
Over the last decades, both Canada and Sweden have liberalized citizenship regulations for permanent residents. During the same period, immigration patterns by country of birth have changed substantially, with an increasing number of immigrants arriving from non-western countries. The aim of...
Persistent link: https://www.econbiz.de/10008874618
In this paper we provide an overview of China’s human capital strategy and educational achievements over the last two decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China’s notable achievements in education as well as its...
Persistent link: https://www.econbiz.de/10009002385