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. As a further contribution, we study the interaction between the optimal immigration policy of the host country and …
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capital with two dimensions of immigration policy: restrictiveness, and selectivity. The model predicts that the relationship … between remittances and migrants' education is ambiguous and depends on the immigration policy conducted at destination. The … effect of education is more likely to be positive when the immigration policy is more restrictive and less skill …
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This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and education decisions. We identify bilateral...
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