Showing 1 - 10 of 80
This paper sets up a multiregional dynamic framework by combining the optimal savings model with investment adjustment costs and the spatially disaggregated model with Dixit-Stiglitz structure in the modern sector. Because of increasing product diversity on the dynamic equilibrium path, the...
Persistent link: https://www.econbiz.de/10010278828
This paper provides a technical description of GEM-PIA, a recursive-dynamic computable General Equilibrium Model for Poverty Impact Analysis in individual countries. The model combines the optimizing behavior of CGE models with the asset portfolio behavior of macromodels, thereby addressing the...
Persistent link: https://www.econbiz.de/10010272944
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
approach we find that the strongest migration-related response in private education expenditure are substantially lower … informal payments to public school teachers. This fact is at odds with a positive income effect due to migration. We argue that … our results are likely to be driven by changing preferences towards educational inputs induced by migration. …
Persistent link: https://www.econbiz.de/10011414221
This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...
Persistent link: https://www.econbiz.de/10010323927
This paper provides a micro-funded theory of multilateral resistance to migration analyzing how financial constraints … determine migration trends. We build a RUM model in which we explicitly introduce the budget constraint in the migration … decision: individuals cannot afford migrating to a destination for which the migration cost (which depends on the immigration …
Persistent link: https://www.econbiz.de/10011540703
Venezuela has seen an unprecedented exodus of people in recent months. In response to a dramatic economic downturn in which inflation is soaring, oil production tanking, and a humanitarian catastrophe unfolding, many Venezuelans are seeking refuge in neighboring countries. However, the lack of...
Persistent link: https://www.econbiz.de/10011852625
Trade preferences provide a potential policy tool for supporting refugee employment in countries of first asylum. Thus, in the context of the EU-Jordan Compact agreed in 2016, the EU eased the rules of origin for Jordanian exporters employing a minimum share of Syrian refugees. The use of trade...
Persistent link: https://www.econbiz.de/10011881286
This paper employs a wage-setting approach to analyze the labor market effects of immigration into Germany. The wage-setting framework relies on the assumption that wages tend to decline with the unemployment rate, albeit imperfectly. This enables us to consider labor market rigidities, which...
Persistent link: https://www.econbiz.de/10010265224
This article presents a new perspective on the impact of migration and remittances on labour market participation and … education are affected by migration. Based on household survey data from Moldova, our results challenge the assertion that those …
Persistent link: https://www.econbiz.de/10010273125