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favorable conditions for matching on the one hand, and for global collective decisions on the other hand. We establish …
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We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible capital …
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The pay-as-you-go social security system, which suffers from dwindling labor force, can benefit from immigrants with birth rates that exceed the native-born birth rates in the host country. Thus, a social security system provides effectively an incentive to liberalize migration policy. The paper...
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