The American legal immigration system is in desperate need of reform. One reform idea with far‐​reaching potential is the immigration tariff: the sale of permanent conditional work and residency visas that we call gold cards at a price set by Congress. Originally proposed by Nobel...

Conditional Cash Transfers are increasingly used by development aid agencies to reduce the incentives for migration from low-income countries. The evidence to date suggests that such transfers typically increase the rate of migration when they are conditional on investment, such as investment in...

Diaspora politics are usually studied in the context of developed Western democracies. This paper compares and contrasts diaspora politics in China and India, two key contemporary rising powers. China and India have large diaspora populations, the overseas Chinese and the non-resident Indians,...

Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage effects on labour markets) and for the most part these can be seen as pure externalities. Diasporas are an example of such an externality. This paper reviews the recent economic...

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital".