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Remittances and the brain drain: skilled migrants do remit less
Niimi, Yoko; Özden, Çağlar; Schiff, Maurice - 2008
migrants send home. This paper examines whether remittances actually increase with migrants' education level. The determinants … of remittances it considers include migration levels or rates, migrants' education level, and source countries' income … considered in the few studies on this topic. Our main finding is that remittances decrease with the share of migrants with …
Persistent link: https://www.econbiz.de/10010276107
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Remittances and the Brain Drain: Skilled Migrants Do Remit Less!
Niimi, Yoko; Ozden, Caglar; Schiff, Maurice - 2008
by the fact that skilled migrants remit more than unskilled ones. This paper contributes to the much debated and so far … unresolved related issue of whether remittances actually increase with migrants' level of education. The determinants of … remittances considered include migration levels and rates; migrants' education level; and source countries' income, financial …
Persistent link: https://www.econbiz.de/10010507240
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Life-Cycle Preferences Revisited
Bommier, Antoine - 2011
An axiomatic construction for lifecycle preferences accounting for the finiteness and the randomness of life duration is provided. We emphasize the role of intertemporal correlation aversion and explain why multiplica- tive preferences provide an interesting alternative to additive preferences,...
Persistent link: https://www.econbiz.de/10011753219
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The implications of household size and children for life-cycle saving
Capéau, Bart; De Rock, Bram - 2015
On the basis of a concatenation of fifteen Belgian household budget surveys from 1995/96 to 2010, we investigate the impact of demographic factors, such as ageing and changing household composition, on saving behaviour. Not focusing on high frequency events (e.g. business cycles and unexpected...
Persistent link: https://www.econbiz.de/10011506806
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Measuring long-term inequality of opportunity
Aaberge, Rolf; Mogstad, Magne; Peragine, Vito - 2010
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10010269663
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On equitable social welfare functions satisfying the weak Pareto axion: A complete characterization
Dubey, Ram Sewak; Mitra, Tapan - 2010
The paper examines the problem of aggregating infinite utility streams with a social welfare function which respects the Anonymity and Weak Pareto Axioms. It provides a complete characterization of domains (of the one period utilities) on which such an aggregation is possible. A social welfare...
Persistent link: https://www.econbiz.de/10010292058
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Quantifying inefficiency in incomplete asset markets
Tirelli, Mario; Turner, Sergio - 2007
It is known that the incompleteness of asset markets causes inefficiency in almost every equilibrium. Yet unexplored is the ”size” of this inefficiency. The size of a Pareto improvement is the total willingness to pay for it, out of current consumption. Inefficiency is the maximum size of...
Persistent link: https://www.econbiz.de/10010318933
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Exploitation, Altruism, and Social Welfare: An Economic Exploration
Doepke, Matthias - 2013
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...
Persistent link: https://www.econbiz.de/10010319596
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Tax-benefit revealed social preferences
Bourguignon, François; Spadaro, Amedeo - 2008
This paper inverts the usual logic of applied optimal income taxation. It starts from the observed distribution of income before and after redistribution and corresponding marginal tax rates. Under a set of simplifying assumptions, it is then possible to recover the social welfare function that...
Persistent link: https://www.econbiz.de/10010288281
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Patience, risk aversion, and economic behaviour: Combining experimental data with admenistrative register data
Rasmussen, Gregers Nytoft - 2018
Persistent link: https://www.econbiz.de/10012503187