This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern. …

with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing … heterogeneous welfare effects of labor market integration. Whereas individuals without residential property lose from immigration … due to increased housing costs, landowners may win. Moreover, we show how the relationship between migration and capital …

country. We analyze the consequences of this migration for both inequality and welfare for the source and the host country. … technological advantage in the skilled intensive good when we allow for both trade and migration skilled workers migrate to that …

leads to an endogenous, unequal distribution of the health-related consequences of pollution across income groups in a … manner consistent with epidemiologic studies, in contrast to much of the literature which assumes equal health effects for … by drawing out the implications of the analysis for the study of the political economy of the environment-trade-welfare …

education sector for human capital formation and economic welfare. Agents privately invest in education after they have received …