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Freedom of movement is considered a basic human right by the majority of countries of the world. As defined in practice …, largely as a result of the immense international differences in labor productivity that exist in the world today. As an …
Persistent link: https://www.econbiz.de/10013137010
Recent theoretical and empirical studies have emphasized the fact that the prospect of international migration increases the expected returns to skills in poor countries, linking the possibility of migrating (brain drain) with incentives to higher education (brain gain). If emigration is...
Persistent link: https://www.econbiz.de/10012771799
of the world economy calibrated to aggregate and firm-level data. Our framework features cross-country labor productivity …
Persistent link: https://www.econbiz.de/10013056595
The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...
Persistent link: https://www.econbiz.de/10012981110
Although a large literature argues that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes, researchers have been unable to directly assess these predictions because of an absence of data on colonial European settlement. In...
Persistent link: https://www.econbiz.de/10013104984
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a … globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output …
Persistent link: https://www.econbiz.de/10012751700
developed world. Absent an immediate and dramatic change in immigration, dependency ratios will roughly double over the next …
Persistent link: https://www.econbiz.de/10013237964
One of the pervasive issues in social and environmental research has been to improve the quality of socioeconomic data in developing countries. Because of the shortcoming of standard data sources, the present study examines luminosity (measures of nighttime lights) as a proxy for standard...
Persistent link: https://www.econbiz.de/10013138765
financial systems around the world. The database provides information on financial systems in 205 economies over the period from …
Persistent link: https://www.econbiz.de/10013083757
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Bigger economies with lower trade costs are more attractive markets because they offer higher export...
Persistent link: https://www.econbiz.de/10013085496