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Barro (1991), except that migration out of East Germany has not slowed down. I document that in particular the 18-29 year … unemployment and increasing reliance on social security persist across wide regions of East Germany together with these migration …) by allowing for migration and network externalities. In that theory, two equilibria can result: one with a high …
Persistent link: https://www.econbiz.de/10005089073
According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap" suggests that labor is greatly misallocated...
Persistent link: https://www.econbiz.de/10010950838
The direct benefits of infrastructure in developing countries can be large, but if new infrastructure induces in-migration … electrification in South Africa, we demonstrate the importance of accounting for migration when evaluating welfare gains of spatial … prediction from the model is that migration elasticities and congestion effects are especially large when land markets are …
Persistent link: https://www.econbiz.de/10011240282
explained qualitatively by a model in which migration is risky, mitigating risk requires individual-specific learning, and some … migrants are sufficiently close to subsistence that failed migration is very costly. We document evidence consistent with this …
Persistent link: https://www.econbiz.de/10011184255
We demonstrate a striking but previously unnoticed relationship between city size and the black-white wage gap, with the gap increasing by 2.5% for every million-person increase in urban population. We then look within cities and document that wages of blacks rise less with agglomeration in the...
Persistent link: https://www.econbiz.de/10010950796
This paper documents the presence of non-economic career motivations in the U.S. labor market, explores reasons why such motivations could arise, and provides an explanation for why they might have persisted across many generations. The analysis links ethnic (migrant) labor market networks in...
Persistent link: https://www.econbiz.de/10005575773
We analyze the secular decline in interstate migration in the United States between 1991 and 2011. Gross flows of …. We argue that the fall in migration is due to a decline in the geographic specicity of returns to occupations, together … on rates of repeat migration. Other explanations, including compositional changes, regional changes, and the rise in real …
Persistent link: https://www.econbiz.de/10010821924
Banking reforms--that reduced interest rates--boosted college enrollment rates among able students from middle class families. We define "able" students as those with learning aptitude scores in the top two-thirds of the U.S. population. We define "middle class" as families in which both parents...
Persistent link: https://www.econbiz.de/10010951111
Does the lack of wealth constrain parents' investments in the human capital of their descendants? We conduct a fifty-year followup of an episode in which such constraints would have been plausibly relaxed by a random allocation of wealth to families. We track descendants of those eligible to win...
Persistent link: https://www.econbiz.de/10010951333
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10011271387