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This paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt. Extending Drèze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic...
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Cattoir P. and Docquier F. (2004) Debt-sharing and secession: a generational accounting approach, Reg. Studies38, 293-303. This paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt....
Persistent link: https://www.econbiz.de/10005638214
We investigate the relationship between remittances and migrants’ education both theoretically and empirically, using original bilateral remittance data. At a theoretical level we lay out a model of remittances interacting migrants’ human capital with two dimensions of immigration policy:...
Persistent link: https://www.econbiz.de/10010861933
International migration is an important determinant of institutions, not considered so far in the empirical growth literature. Using cross-section and panel analysis for a large sample of developing countries, we find that openness to emigration (as measured by the general emigration rate) has a...
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This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of the brain drain, showing that brain drain (or high-skill) migration is becoming the dominant...
Persistent link: https://www.econbiz.de/10009317983