Friebel, Guido; Guriev, Sergei - In: Journal of the European Economic Association 4 (2006) 6, pp. 1085-1111
We introduce financial constraints in a theoretical analysis of illegal immigration. Intermediaries finance the migration costs of wealth-constrained migrants, who enter temporary servitude contracts to repay the debt. These debt/labor contracts are easier to enforce in the illegal than in the...
