Relying on Forbes Magazine annual rankings for two decades, 1625 billionaires and their countries of birth and residence are identified, most of whom are self-made entrepreneurs. 13 percent of billionaires reside in a country other than that of their birth. Migration is linked to distance, to...

The large and stable inflow of workers' remittances through formal financial channels to developing countries prompted authorities to harness fiscal resources from this flow. This paper develops a macro-dynamic model of a small open economy with cross-border labor mobility emphasizing fiscal...

In this paper, I argue that tax and transfer policies are more efficient than immigration restrictions as instruments for raising the after-tax incomes of the least skilled native workers. Policies to protect these native workers from immigrant competition in the labor market do no better at...

This paper analyzes the effect of increasing human-capital mobility -- i.e. student and labor mobility -- on net tax revenues when revenue-maximizing governments compete for human capital by means of income tax rates and amenities offered to students (positive expenditure) or rather tuition fees...

This policy note offers motivation as well as game plan how to achieve a coherent and mutually beneficial labor migration system. It argues that migrant workers may importantly contribute to economic growth and development both in sending and receiving countries if they find the enabling...

This policy note offers motivation as well as game plan how to achieve a coherent and mutually beneficial labor migration system. It argues that migrant workers may importantly contribute to economic growth and development both in sending and receiving countries if they find the enabling...

The ongoing relationships between emigrants and their families, friends, and business contacts in their home countries can increase outbound and inbound crossborder travel, while cross-border tourism and business and study trips can trigger migration. New communication technologies, such as...

Most labor scarce overseas countries moved decisively to restrict their immigration during the first third of the 20th century. This autarchic retreat from unrestricted and even publicly-subsidized immigration in the first global century before World War I to the quotas and bans introduced...

This paper proceeds from two key assumptions. The first is that European countries are likely to face increased immigration of individuals. The second is that the emigration of jobs from Europe to other regions of the world through offshoring is also likely to increase. It has been widely argued...

The standard model on optimal income taxation in the presence of tax evasion is extended to allow for mobility between the legal and hidden sectors. The conclusions from the traditional analysis of tax evasion strongly contrast with those that result when extensive margin responses are taken...