Showing 1 - 10 of 272
difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … flows -- such as Jamaica or El Salvador -- are also better off due to migration, but for a different reason: remittances … about 10% in countries with large incoming remittances. Our results are robust to accounting for imperfect transferability …
Persistent link: https://www.econbiz.de/10011083627
This paper studies asymmetry of information and transfers within a unique data set of 712 extended family networks from …
Persistent link: https://www.econbiz.de/10011084616
National borders, including the easily crossed US-Canada border, have been shown to separate markets and sustain price differences. The resulting arbitrage opportunities vary temporally with the exchange rate and cross-sectionally with travelers' distance to the border. We estimate a structural...
Persistent link: https://www.econbiz.de/10011083500
home thanks to a relatively larger flow of remittances. Skilled migrants typically earn relatively more and, ceteris … likely to reunite with their close family in the host country. Both factors should be associated with a relatively smaller … flow of remittances from skilled migrants. Hence, the sign of the impact of the brain drain on total remittances is an …
Persistent link: https://www.econbiz.de/10005114298
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...
Persistent link: https://www.econbiz.de/10011083564
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
Over the last decade the locus of policy-making towards asylum seekers and refugees has shifted away from national governments and towards the EU as the Common European Asylum Policy has developed. Most of the focus has been on the harmonisation of policies relating to border control, the...
Persistent link: https://www.econbiz.de/10009651584
This paper provides an overview of asylum migration from poor strife-prone countries to the OECD since the 1950s. I examine the political and economic factors in source countries that generate refugees and asylum seekers. Particular attention is given to the rising trend of asylum applications...
Persistent link: https://www.econbiz.de/10009493102
for single-family homes of about 2.7%: a result consistent with previous studies. The overall immigration effect for … single-family houses captures almost two-thirds of the total price increase. …
Persistent link: https://www.econbiz.de/10008509465