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Persistent link: https://www.econbiz.de/10003335882
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10003831857
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...
Persistent link: https://www.econbiz.de/10003909197
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10003586563
Persistent link: https://www.econbiz.de/10003987388
Persistent link: https://www.econbiz.de/10003855144
Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. We find that emigration and human capital both...
Persistent link: https://www.econbiz.de/10009230198
Persistent link: https://www.econbiz.de/10009764566
According to recent UN projections more than 50 percent of the growth in world population over the next half century … significant impact on the world distribution of income. In this paper we discuss the potential for migration policies to affect … more or less restrictive/selective migration policies and derive their implications for the evolution of world inequality. …
Persistent link: https://www.econbiz.de/10010382705
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009787347