The dissertation consists of two main parts. The first part presents a search model with non-stationary reservation wages. In the model the reservation wage declines over time and at a certain point is equal to utility of non-participation, after which it is not optimal to search and workers...

Development economists have two key paradigms concerning poverty and financial markets. One considers the poor in the developing world as operating in imperfect markets. Another view is that the poor are subject to constraints. The policy prescriptions stemming from these views would be...

In this paper we analyze the determinants of interregional migration in Kazakhstan using quarterly panel data on region to region migration in 2008–2010. To the best of our knowledge this is the first study on interregional population flows in Central Asia. We find that migration is...