The measurement of well-being in its multidimensional aspects has become ever more prominent in monitoring development over the last three decades. This note discusses some of the properties of a recent multidimensional index proposed by the UNDP. Unlike most of its predecessors, UNDP’s...

We examine environmental change as a potential determinant of international migration. We distinguish between unexpected short-run factors, captured by natural disasters, as well as long-run climate change and climate variability captured by deviations and volatilities of temperatures and...

This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and education decisions. We identify bilateral...

We examine environmental change as a potential determinant of international migration. We distinguish between unexpected short-run factors, captured by natural disasters, as well as long-run climate change and climate variability captured by deviations and volatilities of temperatures and...

The importance of international migration for its economic and social implications is nowadays widely acknowledged both in the academic literature and advocacy reports. Recently the debate has stimulated the inclusion of environmental factors into the possible explanations of migration, in order...

We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...

The measurement of well-being in its multidimensional aspects has become ever more prominent in monitoring development over the last three decades. This note discusses some of the properties of a recent multidimensional index proposed by the UNDP. Unlike most of its predecessors, UNDP’s...

We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...

One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...

One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...