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flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …
Persistent link: https://www.econbiz.de/10013056595
population education; better-educated migrants; and increased migration in high-skilled jobs. Four-fifths of long-run income … origin areas. Increased income from international labor migration not only benefits migrants themselves, but also fosters …
Persistent link: https://www.econbiz.de/10013172161
flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …
Persistent link: https://www.econbiz.de/10012458662
Persistent link: https://www.econbiz.de/10011629347
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012911691
In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...
Persistent link: https://www.econbiz.de/10013249690
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012480613
In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...
Persistent link: https://www.econbiz.de/10012472749
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on … the role of worker-job matching in development accounting, we build an equilibrium matching model that allows for cross … determine match feasibility; (ii) technology, which determines the returns to matching; and (iii) idiosyncratic matching …
Persistent link: https://www.econbiz.de/10014528414
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10013122467