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Migration of the unskilled clearly benefits the origin country, mainly due to the flow of remittances but also if the departure of some raises the ability of others to migrate. This depends on whether trade is a complement or a substitute for migration. The impact of such flows on the...
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distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and …This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality …
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