In this paper, we model a developing economy in which individual decisions about education and migration are constrained by capital market imperfections (liquidity constraints). We examine the joint impact of brain drain and international remittances on human capital accumulation in the...

This paper presents a model of inequality, income determination and fertility, that is consistent with aggregated stylized facts and individual survey data on fertility and income. It shows that indivisibilities in human capital investments limit the possibility of trade-off between the quality...

In this note, we first depict the structure of the foreign population (When did they come? From where? What about their skills?) and discuss its assimilation on the domestic labor market. Then we evaluate the demand for skilled immigration in the Belgian regions raised by domestic population...