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sending and receiving countries. In a calibrated multi-country model, we compare the current world to a counterfactual with … that more - not less - high-skilled migration would increase world welfare. …
Persistent link: https://www.econbiz.de/10011551902
This paper discusses how an industrialized country could defend the wages and social benefits of its unskilled workers against wage competition from immigrants. It shows that fixing social standards harms the workers and that fixing social replacement incomes implies migration into unemployment....
Persistent link: https://www.econbiz.de/10013319011
This note describes how research on the link between globalization and openness has changed over time. Early contributions assumed that countries develop welfare states to compensate for volatility caused by economic openness (the compensation hypothesis). Recent findings have cast doubts on...
Persistent link: https://www.econbiz.de/10011994377
This paper studies the effects of globalization on the ability of governments to generate tax revenues for the financing of national welfare states. In this context, it summarizes the theoretical predictions of various economic models of tax competition between countries and discusses the role...
Persistent link: https://www.econbiz.de/10014306784
This paper studies the effects of globalization on the ability of governments to generate tax revenues for the financing of national welfare states. In this context, it summarizes the theoretical predictions of various economic models of tax competition between countries and discusses the role...
Persistent link: https://www.econbiz.de/10014347020
This review article surveys the recent economic literature on diaspora networks, globalization, and development. Diasporas are shown to contribute to the economic and cultural integration of source (i.e., developing) countries into the global economy. I first review the effect of diaspora...
Persistent link: https://www.econbiz.de/10012064002
The unstoppable progress of the demographic transition is determining a progressive decline of the rates of growth of the total population and working age population of the planet, two phenomena that could have a very positive global socioeconomic and environmental impact. Unfortunately, it is...
Persistent link: https://www.econbiz.de/10012162985
quantitative multi-country model with trade, we compare the current world to a counterfactual with the same number of migrants …
Persistent link: https://www.econbiz.de/10011847543
inevitably competing with other cities in China and Asia for the best brains in the world. This paper therefore aims to …
Persistent link: https://www.econbiz.de/10008662259
of workers located around the world, is discussed. A global wage equation that nests the Mincer specification is …
Persistent link: https://www.econbiz.de/10008658507