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. …

welfare effect of future income uncertainty. We build a model of remittances and savings under income uncertainty and show … a positive relationship between a more generous welfare state in host countries and international remittances (i … addition, it is known that the welfare state, being an insurance or consumption-smoothing mechanism, reduces the negative …

Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances … developing countries. We examine the role of remittances in the trade balance of 11 labor-abundant MENA countries. Our panel … regression analysis shows that the inflow of remittances has had an increasing effect on trade deficits by triggering import …

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and …

(PTAs) and show that the indirect effects can give rise to trade diversion. We also characterize the welfare effects of … persistent finding is that, in the absence of appropriate regulation, preferential trade liberalization can be welfare …

strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not …

the provided evidence we argue that this effect is channelled through "cultural remittances". …

? Combining industry-level patenting and migration data from 32 European countries, we show that emigration in fact positively …

fertility levels. We interpret these findings in terms of cultural remittances, consistently with insights from a theoretical …

, and use exact hat algebra to quantify the counterfactual effects of a decline in trade costs on trade flows and welfare in …. We find that the effects on welfare turn out to be quite close to those in the standard Melitz-Pareto model even though …