Showing 1 - 8 of 8
focus on migration. The fact that knowledge diffusion requires direct human interaction implies that the international … diffusion of knowledge should follow the pattern of international migration. This is what this paper documents. Our main finding … is that migration, and particularly skilled immigration, is a strong and robust driver of productive knowledge diffusion …
Persistent link: https://www.econbiz.de/10011432506
focus on migration. The fact that knowledge diffusion requires direct human interaction implies that the international … diffusion of knowledge should follow the pattern of international migration. This is what this paper documents. Our main finding … is that migration, and particularly skilled immigration, is a strong and robust driver of productive knowledge diffusion …
Persistent link: https://www.econbiz.de/10011454004
Many countries shift substantial public resources across jurisdictions to mitigate spatial economic disparities. We use a general equilibrium model with multiple asymmetric regions, labor mobility, and costly trade to carve out the aggregate implications of fiscal transfers. Calibrating the...
Persistent link: https://www.econbiz.de/10012061357
Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...
Persistent link: https://www.econbiz.de/10011844560
Persistent link: https://www.econbiz.de/10011951135
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010344666
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100
Persistent link: https://www.econbiz.de/10011343006