replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern. …

local skill share and that both skill acquisition and migration play a role. We develop and quantify a spatial equilibrium … migration linkages between cities. Counterfactual experiments suggest that the growth in capital goods imports in China between …

, nevertheless, is restricted by migration of the young generations. This connection between political voting on intergenerational … case in which the young generations migration decision takes its effect on future pensions into account (strategic … migration) and the case in which it only reflects differentials in labor income (myopic migration). The paper also pays …

margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …

Recent European legislation on immigration has revealed a particular paradox on migration policies. On the one hand … relax limits for immigrants in order to control migration inflows better. To this end, we use a real option approach to … migration choice that assumes that the decision to migrate can be described as an irreversible investment decision. In our model …

immobile individuals to become skilled. -- human capital ; migration ; labour market integration ; agglomeration …