through which migrants promote trade. The main finding is that migrant networks are an effective substitute for formal … institutions in facilitating trade. The effect takes place entirely on the extensive margin, suggesting migrant networks may be …

In this paper we investigate the causal effect of immigration on trade flows, using Italian panel data covering very … the past literature. However, using instrumental variables based on migration enclaves, we show that immigrants have a …

analysis. In traditional migration theories, especially in human capital models, the decision to migrate is based upon … comparison of expected future incomes in the sending and the receiving countries adjusted for the cost of migration. By contrast …, the new economics of labour migration suggests that the migration decision is made jointly by the migrant and his family …

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and …

Migrants shape market access: first, they reduce international trade frictions and second, they change the geographical … exports and imports to immigrant population and quantifies these effects in a model of inter- and intra-national trade and … migration calibrated to US states and foreign countries. Reducing US migrant population shares back to 1980s levels increases …