Showing 1 - 10 of 29
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
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
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
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
We analyze how migration prevalence and remittances shape income distribution using novel panel data that is nationally … migration (attrition), we find that migration prevalence has increased between 2002 and 2007 reversing the unequalizing effects … inequality, and find that the regions that had the highest increase in international migration are also the regions where the …
Persistent link: https://www.econbiz.de/10010267079
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
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