. There are also important market and regulatory failures that constrain mobility and reduce the net benefits of migration … local, regional, and foreign markets; (2) remittances and investment subsidies to promote job creation and labor … internalize the social costs of migration in receiving regions; and (5) more flexible private sector driven schemes to regulate …

Armenia, Georgia, the Kyrgyz Republic, and Tajikistan have all experienced substantial out-migration of workers and an … associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as … workers' remittances has had effects analogous to those of Dutch disease in the Kyrgyz Republic and Tajikistan, which have …

As one of the most pivotal ways that labor markets adjust to changing economic conditions, international migration is … international migration trends and household well-being using a combination of administrative records and unique panel survey data …-invariant respondent and location characteristics. The findings show that weak local labor markets drive labor migration from Uzbekistan …

In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in … ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures …

commodity groups. Consumption is a distributed lag function of expenditures, and the utility function is additively separable in … each commodity group, expected change in expenditures is correlated neither with past expenditure changes on other …

Previous tests of the permanent income hypothesis (PIH) have focused on either nondurables or durables expenditures in …