We propose a novel perspective on migration and cultural change by asking both theoretically and empirically – and from … a global viewpoint – whether migration is a source of cultural convergence or divergence between home and host countries … support migration-based cultural convergence, with cultural remittances as its main driver. In other words and in contrast to …

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 …

view tends to neglect two important dynamic effects: the role of migration networks, which could reduce immigrants' quality …, and the responsiveness of education decisions to the prospects of migration. Our model shows that migration networks and … immigration policies, the initial pattern of migrants' self-selection on education, and the way time-equivalent migration costs by …

We investigate the impact of regional migration on average wages and on wage inequality in the West African Economic … migrants in absence of migration to evaluate the effect of regional migration when the effect of migration is purely … compositional (i.e., when wages are treated as exogenous). We find that regional migration increases average wages by 1.8% and …

deviation of 135. We deal with endogeneity concerns by using historical migration networks to instrument for stocks of migrant …

elasticity of exports to return migration between 0.08 to 0.24. Our results are stronger in knowledge-intensive industries and …

theoretical arguments regarding the role of migration networks and/or the dynamics of wealth transmission between successive …

Recent theoretical studies suggest that migration prospects can raise the expected return to human capital and thus … impact of brain drain migration on gross (pre-migration) human capital formation in developing countries. We found a positive … effect of skilled migration prospects on human capital growth in a cross-section of 127 developing countries, with an …