Delogu, Marco; Docquier, Frédéric; Machado, Joël - CESifo - 2014
of worker. Our analysis reveals that the effects of a liberalization on human capital ac-cumulation, income and … inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … decreases and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …