Zubanov, Nikolay - In: Applied Economics Letters 16 (2009) 6, pp. 597-602
A dynamic model of migration developed by Hatton (1995) has been applied to the panel of 23 OECD countries observed during 1984-2001. Migration flows have been found to have a tendency to overreact to changes in economic conditions. Thus, simulations have shown that in the Anglo-American group...