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paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the …
Persistent link: https://www.econbiz.de/10010354844
in the estimated increase in the share of foreign inventors in patenting teams as a consequence of skilled migration …
Persistent link: https://www.econbiz.de/10013445469
education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and …
Persistent link: https://www.econbiz.de/10010235847
’s human capital accumulation function in the periphery are incorporated. I show how migration affects the inter … help increase the per-capita human capital levels, if free uncontrolled migration leads to a reduction in human capital …
Persistent link: https://www.econbiz.de/10012628761
This paper establishes a causal link between the emigration of skilled workers and firm performance in source countries. Using firm-level panel data from ten Eastern European countries, we show that the emigration of skilled workers lowers firm total factor productivity. We exploit time,...
Persistent link: https://www.econbiz.de/10011781018
This article analyzes the effect of migration from a less advanced economy to a more advanced economy on economic … are incorporated. The model shows that out-migration increases fertility and reduces human capital in the source economy …. At the same time, in-migration reduces fertility and can increase or decrease the average level of human capital in the …
Persistent link: https://www.econbiz.de/10011659511
While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
Persistent link: https://www.econbiz.de/10011398074
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education …
Persistent link: https://www.econbiz.de/10010528342
Adverse economic shocks occur frequently and may cause individuals to reevaluate key life decisions in ways that have lasting consequences for themselves and the economy. These life decisions are fundamentally tied to specific periods of an individual's career, and economic shocks may therefore...
Persistent link: https://www.econbiz.de/10012745247
education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …
Persistent link: https://www.econbiz.de/10009781565