This paper analyzes the impact of the skill composition of migration flows on the host country’s labor market in a specific factors two-sector model with heterogeneous labor (low-, medium-, and highly-skilled) and price- and wage-setting behavior. The low- and medium-skilled labor markets are...

The literature on the effects of aid and remittances as a share of GDP on growth of the GDP per capita has placed much emphasis on growth regressions thereby emphasising only the direct effects on growth. In order to get the total effect one has to capture the indirect ones too and integrate...

We analyze the dynamic interaction of mission-oriented R&D expenditure stocks with domestic and foreign private and public R&D, total-factor-productivity (TFP), and gross domestic product (GDP) for seven EU countries. We use the vector-error-correction method. Permanent changes on...