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Illegal migrants supply a valuable productive input: effort. But their status as illegals means that these migrants face a strictly positive probability of expulsion. A return to their country of origin entails reduced earnings when the wage at origin is lower than the wage at destination. This...
Persistent link: https://www.econbiz.de/10003358414
This paper presents a set of reflections on what gives rise to remittances, which constitute a major part of the impact of migration on economic development in the migrants' own countries. The collage of reasons presented serves to illustrate that remittance behavior is the outcome of an...
Persistent link: https://www.econbiz.de/10003869623
The naturalization of asylum seekers is modeled as an economic problem. In choosing their level of investment in host-country-specific human capital, asylum seekers take into consideration the probability of their being naturalized. The government of the host country chooses the probability of...
Persistent link: https://www.econbiz.de/10003971093
In this paper I delineate novel policy repercussions suggested by my research on "The New Economics of the Brain Drain". In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy...
Persistent link: https://www.econbiz.de/10008779181
In this paper I study policy responses to an increase in post-merger distress. I consider the integration of regions and nations as a merger of populations which I view as a revision of social space, and I identify the effect of the merger on aggregate distress. The paper is based on the premise...
Persistent link: https://www.econbiz.de/10009510589
This paper looks at the integration of regions and nations through the prism of the merger of populations (societies). The paper employs a particular index of social stress. Stylized examples of the merging of two populations suggest that with integration, the social stress index will increase....
Persistent link: https://www.econbiz.de/10011415859
This paper considers the integration of economies as a merger of populations. The premise is that the merger of groups of people alters their social landscape and their comparators. The paper identifies the effect of the merger on aggregate distress. A merger is shown to increase aggregate...
Persistent link: https://www.econbiz.de/10009748458
Recent research shows that the merger of economies increases aggregate stress. This paper shows that there is no income distribution policy which will ensure that the wellbeing of the individuals belonging to merging economies does not fall below their pre-merger level.
Persistent link: https://www.econbiz.de/10010360564
We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare...
Persistent link: https://www.econbiz.de/10010257295
Persistent link: https://www.econbiz.de/10002166244