This paper explores the productivity differential between return migrants (“Sea Turtles”) and non-migrants through a case study of China’s venture capital (VC) industry. I find that even after correcting for selection bias, return venture capitalists are less productive than comparable...

This paper first develops a structural micro-founded model of aggregate net migration flow using matching ideas to study how migrants choose between multiple locations using multiple criteria. Migration should reduce inequality in the criteria. Most migration models either do not handle multiple...

Very little is understood about how immigrants affect the happiness, or subjective well-being of natives. We use the European Social Survey to analyze the effects of aggregate immigration flows on the subjective well-being of native-born populations in a panel of 26 countries between 2002 and...

Mehr als 2,45 Millionen Menschen sind laut den Vereinten Nationen Opfer von Menschenhandel, die Dunkelziffer ist hoch. Viele Staaten haben deshalb ihre Bemühungen verstärkt, gegen Menschenhandel vorzugehen und den Opfern zu helfen. Das DIW Berlin hat nun den 3P-Index, der die staatlichen...

The weight of the housing tenancy market in Spain is very low. It is frequently argued that an ineffective judicial system, implying a cumbersome procedure to evict a non-paying tenant or simply requiring a long period to execute a decision, may be an important determinant of the tenancy...

Mit den Daten des Sozio-oekonomischen Panels (SOEP) kann der statistische Zusammenhang zwischen der Neigung von Personen zu politischen Parteien sowie deren Einkommen und Vermögen untersucht werden. Dabei zeigt sich, dass Besserverdiener und Wohlhabende zur Union und zur FDP neigen, aber auch...

In der Politik sind wie im Geschäftsleben oft riskante beziehungsweise gefährliche Entscheidungen zu treffen, bei denen die Ergebnisse nur schwer oder gar nicht prognostizierbar sind. Da Menschen in ihren Einstellungen gegenüber Risiken und Gefahren variieren, ist es vernünftig, dass in...

Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...

This paper analyzes the self-selection patterns among Mexican return migrants during the period 1990–2010. To calculate the selection patterns, we nonparametrically estimate the counterfactual wages that the return migrants would have experienced had they never migrated by using the wage...

Recent evidence suggests that aid induces migration. This result is nevertheless not very informative from a policy perspective since what counts in terms of welfare consequences is the composition of migration. In this paper we focus on education and study which of skilled or unskilled...