Rural to urban migration is an integral part of the development process, but there is little evidence on how out-migration …) a decrease in the price of non-tradables like prepared food and tea. Seasonal migration subsidies not only generate …

the Philippine peso leads to increases in household remittances received from overseas. The estimated elasticity of … Philippine-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to …

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 …