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margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …
Persistent link: https://www.econbiz.de/10010877657
indicate that income taxes are a significant pull factor for international migration decisions. The same is true with respect … to intra-national migration. However, dominance analysis suggests that the relative impact of taxes compared to other …
Persistent link: https://www.econbiz.de/10010877741
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010877832
distance-related migration costs cannot explain the lower distance sensitivity of educated and risk-loving individuals. …
Persistent link: https://www.econbiz.de/10010877921
paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the …
Persistent link: https://www.econbiz.de/10010877955
This paper analyzes the impact of migration on destination-country corruption levels. Capitalizing on a comprehensive … find that while general migration has an insignificant effect on the destination country’s corruption level, immigration … understanding of the socio-economic implications associated with migration flows. …
Persistent link: https://www.econbiz.de/10010948881
We investigate optimal taxation of lifetime income with and without an emigration option during old age. The government sets the rates of deferred taxation and of possibly reduced taxation of interest. If agents are immobile, the optimal policy consists in full deferral of income taxes on...
Persistent link: https://www.econbiz.de/10009351472
What are the dynamic consequences of comprehensive integration shocks? The answer to this question appears all but trivial. We set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are increasing returns to scale at the aggregate level....
Persistent link: https://www.econbiz.de/10009645233
migration and public investment in infrastructure and education. Accumulation and creation of new ideas and technologies as well … as migration are at the core of differential regional growth. In this framework, we assess the effectiveness of …
Persistent link: https://www.econbiz.de/10009645644
, countries compete in taxes for migrants. With asymmetric preferences, migration competition takes place in income support levels … results are relevant, e.g., for federal policies that tackle inefficient migration competition and for evaluating whether a … country may wish to adopt unilateral ‘migration-purchase’ policies. …
Persistent link: https://www.econbiz.de/10009645653