An important drawback of single equation migration models is that in effect they assume wages and employment to be independent of the level of migration. Williamson has proposed instead a simple general equilibrium model with labour supply and demand equations for sending and receiving countries...

How migration affects economic welfare in sending and receiving countries is an important issue. This paper deals mainly with one aspect, the relation between immigration and the real wage in the host country. Theory is ambivalent on the outcome. While it is plausible to see immigration...

One of the main objectives of the EU is cohesion, namely a decrease in the disparity of wealth between its constituent parts. A considerable part of the EU budget is earmarked for this policy. The policy should also support the EU 2020 strategy, which focuses on smart, inclusive and sustainable...

In the past he EU has taken up an ever more important role in matters of cohesion policy. The objectives and principles of EU cohesion policy have been given a strong constitutional basis. We describe the development of this EU constitutional frame in the first section. We then turn our...