Hatton, Timothy J.; Williamson, Jeffrey G. - Research School of Economics, College of Business and … - 2009
This paper documents a stylized fact: the Third World has been undergoing an emigration life cycle since the 1960s, and …, except for Africa, emigration rates have been level or even declining since a peak in the late 1980s and the early 1990s. The … current economic crisis will serve only to accelerate those trends. The paper estimates the economic and demographic …