Showing 1 - 10 of 304
How well do countries cope with the aftermath of natural disasters? In particular, do international financial flows help buffer countries in the wake of disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...
Persistent link: https://www.econbiz.de/10005050456
This paper studies the impact of aid volatility in a two-period model where production may occur with either a traditional or a modern technology. Public spending is productive and "time to build" requires expenditure in both periods for the modern technology to be used. The possibility of a...
Persistent link: https://www.econbiz.de/10005575789
Globalization of scientific and technological knowledge has reduced the US share of world scientific activity … the changing global world of science and technology. These include aligning immigration policies more closely to the …
Persistent link: https://www.econbiz.de/10010969311
This paper explores the relationship between openness to trade and to immigration on income per person. To address endogeneity concerns we extend the instrumental-variables strategy first used by Frankel and Romer (1999). We show that distance (geographical and cultural) can be used to build a...
Persistent link: https://www.econbiz.de/10011276442
We implement a randomized experiment offering Salvadoran migrants matching funds for educational remittances, which are channeled directly to a beneficiary student in El Salvador chosen by the migrant. The matches lead to increased educational expenditures, higher private school attendance, and...
Persistent link: https://www.econbiz.de/10011252329
Millions of households in developing countries receive financial support from family members working overseas. How do migrant earnings affect origin-household investments? This paper examines Philippine households%u2019 responses to overseas members%u2019 economic shocks. Overseas Filipinos work...
Persistent link: https://www.econbiz.de/10005829433
This paper distinguishes between target-earnings and life-cycle motivations for return migration by examining how Philippine migrants%u2019 return decisions respond to major, unexpected exchange rate changes in their overseas locations (due to the Asian financial crisis). Overall, the evidence...
Persistent link: https://www.econbiz.de/10005830371
Recent theoretical and empirical studies have emphasized the fact that the prospect of international migration increases the expected returns to skills in poor countries, linking the possibility of migrating (brain drain) with incentives to higher education (brain gain). If emigration is...
Persistent link: https://www.econbiz.de/10005774710
This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an … estimates the economic and demographic fundamentals driving these Third World emigration life cycles to the United States since …. The projections imply that pressure on Third World emigration over the next two decades will not increase. It also …
Persistent link: https://www.econbiz.de/10005778727
central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how …
Persistent link: https://www.econbiz.de/10005575247