"This paper examines the welfare implications associated with different degrees of diversity or similarity between migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social capital and find that there are three equilibrium...

This paper examines two issues associated with the impact of migration on household income and poverty. First, existing studies have typically overlooked a feature of migration that should be taken into account in estimating its impact, namely the fact that migration changes the size of the...

This paper provides a different basis than previous analyses for regional bloc formation and regional migration. Due to low bargaining power and fixed costs, small states face a severe disadvantage in negotiations with the rest of the world and might benefit by forming a regional bloc. The study...