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This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …
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Sustainable resource consumption is important for the development of the financial system. Besides, an advanced financial system eases the transfer of revenues from production activities and export to productive investments. The influence of natural resource (NR) abundance on financial...
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The Latin American export in the manufacturing sector is 18% lower than the world average. Although between the 1980s …
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