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The debate on the risks and benefits of the globalisation of international capital markets has focused on the volume and the volatility of the main capital flows – foreign direct investment (FDI), portfolio investment, and foreign bank lending. Financial transfers in the form of worker...
Persistent link: https://www.econbiz.de/10010260532
intensive investment) and labor thinning (net out-migration). I propose a constant-returns neoclassical model of economic …
Persistent link: https://www.econbiz.de/10010260563
Barro (1991), except that migration out of East Germany has not slowed down. I document that in particular the 18-29 year … provide an extension of the standard labor search model by allowing for migration and network externalities. In that theory …
Persistent link: https://www.econbiz.de/10010260567
International migration not only enables individuals to earn higher wages but also exposes them to new environments … caregivers in migrant households. Using unique survey data from Moldova, we find that international migration raises parental … on GDP growth shocks in the destination countries and migration networks. We conclude that aspirations are a highly …
Persistent link: https://www.econbiz.de/10010290040
Proficiency in the host country’s language is an important factor for the successful labor market integration of immigrants. In this study, I analyze the effects of a language training program for professional purposes on the employment opportunities of participants in Germany. I apply an...
Persistent link: https://www.econbiz.de/10014497494
in a migration experience, which increases the migrant's aspirations. This will induce her to invest more in the … given migration rate. We show that the optimal migration rate that maximizes the post-migration skill-rate of the population … is higher if we allow for the aspirations effect of migration. We use panel data from Indonesia to demonstrate that a …
Persistent link: https://www.econbiz.de/10010427023
A key problem in the literature on the economics of migration is how emigration of an individual affects households …
Persistent link: https://www.econbiz.de/10010427243
This paper assesses the potential for skilled labor migration from sub-Saharan Africa to Europe. It utilizes … hypothetical scenarios for skilled labor migration from the African to the European countries. It is demonstrated that the European … distribution where employment rates are low. Hence, more regular and skilled labor migration from African countries will unlikely …
Persistent link: https://www.econbiz.de/10012218965
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...
Persistent link: https://www.econbiz.de/10011372122
empirically. More specifically, we use state-level German data to answer the question whether and how migration and FDI decisions … and thus integration of labor and capital markets are linked. Our findings suggest that FDI and migration have similar …
Persistent link: https://www.econbiz.de/10010260456