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International migration not only enables individuals to earn higher wages but also exposes them to new environments … caregivers in migrant households. Using unique survey data from Moldova, we find that international migration raises parental … on GDP growth shocks in the destination countries and migration networks. We conclude that aspirations are a highly …
Persistent link: https://www.econbiz.de/10010886987
in a migration experience, which increases the migrant's aspirations. This will induce her to invest more in the … given migration rate. We show that the optimal migration rate that maximizes the post-migration skill-rate of the population … is higher if we allow for the aspirations effect of migration. We use panel data from Indonesia to demonstrate that a …
Persistent link: https://www.econbiz.de/10010905577
in their effective hours of labor when they move to the United States; (iii) migration reduces inequality, more …
Persistent link: https://www.econbiz.de/10009246867
intensive investment) and labor thinning (net out-migration). I propose a constant-returns neoclassical model of economic …
Persistent link: https://www.econbiz.de/10005755134
The debate on the risks and benefits of the globalisation of international capital markets has focused on the volume and the volatility of the main capital flows — foreign direct investment (FDI), portfolio investment, and foreign bank lending. Financial transfers in the form of worker...
Persistent link: https://www.econbiz.de/10005755227
This paper employs a wage-setting approach to analyze the labor market effects of immigration into Germany. The wage-setting framework relies on the assumption that wages tend to decline with the unemployment rate, albeit imperfectly. This enables us to consider labor market rigidities, which...
Persistent link: https://www.econbiz.de/10005700587
A key problem in the literature on the economics of migration is how emigration of an individual affects households …
Persistent link: https://www.econbiz.de/10011074719
Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A simple two-sector model of the economy, in which moving...
Persistent link: https://www.econbiz.de/10010887005
argue that migration pressure combined with informal migration patterns and incomplete information are the key determinants …, Moldova, Romania, and Ukraine. The main result is in line with our expectations: Migrant families in high-migration areas and … indicate that illegal migration increases trafficking risks and that awareness campaigns and a reduction of information …
Persistent link: https://www.econbiz.de/10010955680
This paper develops a model of the circumstances under which it is beneficial to participate in a currency area. The proposed two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of...
Persistent link: https://www.econbiz.de/10005083391