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 … education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …

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 …

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 …

’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 …