Fernández-Huertas Moraga, Jesús; Rapoport, Hillel - 2011
immigration due to its apparently unbearable social and political costs. However these costs are never measured and made … comparable across countries. In this paper we first discuss theoretically how tradable immigration quotas (TIQs) can reveal … information on such costs and, once coupled with a matching mechanism taking into account migrants' preferences, generate …