literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational …) - whose well-being is a concern for the government - is ambiguous or negative. I compare residents' welfare a) for an open vs … intervention; ii) optimal education policy has a positive or ambiguous impact on residents' welfare (and a positive impact under a …

licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by …

follow later. Finally, we work out some unexpected welfare implications which show that net industry profits can be lower in … an outsourcing equilibrium than in a regime of no outsourcing. Consumer welfare rises, and under fairly plausible …

welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a … improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike …

- often called brain drain - has been at the center of a heated debate about the welfare consequences of emigration from … bias in migration significantly increases welfare in most receiving countries. Moreover, due to a more efficient global … allocation of talent, the global welfare effect is positive, albeit some sending countries lose. Overall, our findings suggest …

response to parametric reductions in the cost of offshoring. We identify qualitative conditions under which wages and welfare … increase or decrease in the developing world as a result of a reduction in offshoring costs. Since global welfare always rises …