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capital. Yet a strictly positive probability of migration to a richer country, by raising both the level of human capital … migration policy the welfare of all workers is higher than in the absence of this policy. …
Persistent link: https://www.econbiz.de/10010292740
A theory is developed of labor migration that is prompted by a desire to avoid social humiliation. In a general … equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between … two identical economies. Migration increases the number of individuals who choose to perform degrading jobs and …
Persistent link: https://www.econbiz.de/10010294009
migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social … natives. Trade and both migration solutions reduce inequality between the populations of the two countries by the same amount …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …
Persistent link: https://www.econbiz.de/10010262028
We introduce the idea that informational cascades can explain the observed regularity that emigrants from the same locations also tend to choose the same foreign locations. Thus informational cascades generate herd behavior. Herd behavior is compared with the network externalities explanation of...
Persistent link: https://www.econbiz.de/10010262802
In this paper we develop a neoclassical growth model that aggregates different types of labor skills from strict complementarity to perfect substitution. After having derived general balanced growth conditions and developed explicit growth paths for capital and aggregate labor force, the model...
Persistent link: https://www.econbiz.de/10010272597
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth …
Persistent link: https://www.econbiz.de/10010274747
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10010274986
Measuring the gain in income from migration is complicated by non-random selection of migrants from the general … overcome this problem, providing an experimental measure of the income gains from migration. New Zealand allows a quota of … conducted by the authors in these two countries allows experimental estimates of the income gains from migration to be obtained …
Persistent link: https://www.econbiz.de/10010275877
to acquire skills by home residents. This paper takes a further look at the link between skilled migration, education …, and remittances. It finds little support for the revisionist approach. First, a higher skilled content of migration is … composition of migration has a positive effect on the educational achievements in the home country. …
Persistent link: https://www.econbiz.de/10010279259
capital. Yet a strictly positive probability of migration to a richer country, by raising both the level of human capital … migration policy the welfare of all workers is higher than in the absence of this policy. -- migration ; human capital formation …
Persistent link: https://www.econbiz.de/10009725024