This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....

The focus of this article is on the impact of high-skilled emigration on fertility and human capital of a sending country within an overlapping generations model where parents choose to finance higher education to a certain number of their children. We assume that high- and low-skilled children...

What is the impact of high-skilled emigration on fertility and human capital in migrants’ origin countries? This question is analyzed within an overlapping generations model where parents choose to finance higher education to a certain number of their children. It follows that families are...

This paper analyzes the effects of skilled migration and remittances on fertility decisions at origin. We develop an overlapping generations model which accounts for endogenous fertility and education. Parents choose the number of children they want to raise and decide upon how many children...

In this paper, we analyze the consequences of increasing MENA-to-EU migration flows on both sending and receiving regions. In the first part of the paper, we characterize the structure of MENA emigration as well as the demographic trends in the EU and MENA. We show that EU27 is a major...

This paper examines the impact of projected demographic trends on international capital flows. The analysis builds upon a ten-region overlapping generations’model of the world economy where capital is mobile across regions. Results show that, over the first half of the century, emerging...

This paper investigates the theoretical effects of immigration in an occupa- tional choice model with three sectors: a low-skilled, a high-skilled and a pu- blic sector. The originality of our approach is to consider (i) intersectoral mobi- lity of labor and (ii) public employment. We highlight...

The present study explores the strategic interactions of countries setting pollution abatement policies in a dynamic two-player game. To reach a common target of environmental quality, countries can choose to commit to a stream of pollution abate- ment right from the beginning of the game or...