This study assesses the empirical relevance of the Harris-Todaro model at high levels of urbanization a feature that characterizes an increasing number of developing countries, which were largely rural when the model was created 50 years ago. Using data from Brazil, the paper compares observed...

The past half-century has witnessed a dramatic change in the way in which people live. Fifty years ago, only a small proportion of the less developed world lived in cities, and world poverty was overwhelmingly rural. In 1950, less than one-fifth of the population of the “third world” was...

This paper explores entrepreneurship amongst return migrants, how their business locations and characteristics differ from other businesses, and the implications for rural-urban inequality. First, we examine, amongst returnees, the determinants of investment in a project/enterprise. Second, we...