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resolution. We then use the model to quantify the gains from relaxing migration restrictions as well as to describe the evolution … liberalizing migration would increase welfare more than three-fold and would significantly affect the evolution of particular …
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comparative development. We also show that ethnic inequality goes in tandem with lower levels development within countries. Using …
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We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions 'trumps' everything else. Once institutions are...
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