unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key structural parameters … channels of adjustment to macro-economic and policy shocks in the EU. In contrast, labour migration plays a secondary role in …

Option Theory, investigates the roots of the migration dynamics. In the model the decision to migrate of each individual … jumps in the migration flows and to describe how the trigger for entry can change depending on the dimension of the district …

This paper tries to explain why most migration flows show some observable jumps in their processes, a phenomenon that … seems to be sympathetic with the characteristic of irreversibility of migration. We present a real option model where the … probability of being fully integrated into the host country. The theoretical results show that the optimal migration decision of a …