Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which …

Two of the most salient trends surrounding the issue of migration and development over the last two decades are the … large rise in remittances, and an increased flow of skilled migration. However, recent literature based on cross …-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration …

of migration in alleviating information imperfections between home and host countries. We show that the impact of … migration on financial flows is strongest where information problems are more acute (that is, for more informational sensitive … information in generating home-bias and as new evidence of the role of migration in reducing information frictions between …

-selective. These predictions are then tested empirically using bilateral remittance and migration data and proxy measures for the …

We develop a model of the interdependencies between migration, remittances and inequality, and investigate how … migration and subsequent remittances affect inter-household inequality in the origin communities. An important feature of our … model is that we take into account the impact of migration on the local (rural) labor market. Migration is shown to decrease …

The basic neoclassical model of migration suggests that migration is induced by real income differentials across … clear, despite increased migration from poorer to richer areas. At a theoretical level, one route to addressing this … alternative route, based on a theoretical and empirical proposition of the migration literature, namely, that migration is a …

discrimination in the benchmark case of an economy closed to migration, and then explore how migration prospects affect ethnic … inequality. Under the free migration assumption, we find the intuitive result that migration prospects have a protective effect … there is no migration at equilibrium, unless the distribution of individuals’ skills exhibits marked asymmetries. Last, we …

recent US data on migration rates by education levels (Carrington and Detragiache, 1998), we find empirical support for the …

context of migration. Specifically, we show that if migration is a possibility, such variability in the rate of return to … in a developing economy even after expected migration is netted out. Finally, our findings are shown to have explanatory …

International migration is costly and initially only the middle class of the wealth distribution may have both the … means and incentives to migrate, increasing inequality in the sending community. However, the migration networks formed … that wealth has a nonlinear effect on migration, and then examines the empirical evidence for an inverse U …