Showing 1 - 10 of 488
We ask what level of migration would maximize world welfare. We find that skill-neutral policies are never optimal. An … countries. For intermediate welfare functions that moderately favor the rich however, it is optimal to have no migration at all …
Persistent link: https://www.econbiz.de/10012465785
Current policies directed at mitigating global warming appear unlikely to prevent temperatures from rising to levels that would trigger a precipitous increase in the costs of climate change. Various attempts at international cooperation to avoid this outcome have failed. Why is this problem so...
Persistent link: https://www.econbiz.de/10013462728
Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each internally integrated, but with significant isolation between the blocs. This paper uses a quantitative theory to explore how far this bifurcation would need to go to pose a threat...
Persistent link: https://www.econbiz.de/10014322792
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from...
Persistent link: https://www.econbiz.de/10012463163
government commitment. We characterize how decreasing migration costs for skilled workers affect the time-consistent policies of … in migration costs is Pareto improving when migration costs are high, but have ambiguous effects when these costs are low …
Persistent link: https://www.econbiz.de/10012468073
The rising importance of Information Technology (IT) occupations in the U.S. economy has been accompanied by an expansion in the representation of high-skill foreign-born IT workers. To illustrate, the share of foreign born in IT occupations increased from about 15.5% to about 31.5% between 1993...
Persistent link: https://www.econbiz.de/10012458162
States aid business and technology exchanges with their home countries, but the overall effect that the migration has on the … home country remains unclear. We know very little about return migration of workers engaged in innovation and …
Persistent link: https://www.econbiz.de/10012459284
We develop a simple model to explain why a powerful importer country like the United States may provide political support for international collusive agreements concerning certain commodities (e.g., coffee). This behavior raises questions due to the fact that an importer country should have...
Persistent link: https://www.econbiz.de/10013334385
flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …
Persistent link: https://www.econbiz.de/10012458662
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of immigrant founders, their economic impact, and policy levers....
Persistent link: https://www.econbiz.de/10014544679