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preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties … ; dynasties ; evolution of consumption ; evolution of bequests …
Persistent link: https://www.econbiz.de/10009724435
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save. -- Human capital formation ; Savings ;...
Persistent link: https://www.econbiz.de/10009687810
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save. -- Human capital formation ; Savings ;...
Persistent link: https://www.econbiz.de/10009700329
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save
Persistent link: https://www.econbiz.de/10013087331
with the savings of another would-be migrant to pay for the cost. Saving jointly brings forward the timing of migration … increase in the cost of migration stimulates the formation of co-financing, joint-saving arrangements that enable would …-be migrants to cushion the impact of the increase. The evolution of joint-saving arrangements can create a time window during …
Persistent link: https://www.econbiz.de/10013260051
Persistent link: https://www.econbiz.de/10000779909
Persistent link: https://www.econbiz.de/10012496880
Marriage, migration and related phenomena such as marital stability, fertility and investment in human capital may be … better explained by studying marriage and migration jointly. We thus proceed in this paper to explore the role of migration … in obtaining joint labour-market and marriage-market equilibrium. This facilitates identification of several novel and …
Persistent link: https://www.econbiz.de/10012504504
By means of examples that pertain to individual, family, and community contexts, it is shown that migration between locations is compatible with a zero expected net earnings differential between locations. The examples give rise to testable predictions that differ sharply from the predictions...
Persistent link: https://www.econbiz.de/10012504505
Marriage, migration and related phenomena such as marital stability, fertility and investment in human capital may be … better explained by studying marriage and migration jointly. We thus proceed in this paper to explore the role of migration … in obtaining joint labour-market and marriage-market equilibrium. This facilitates identification of several novel and …
Persistent link: https://www.econbiz.de/10008552797