replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern. …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern …

this class of models, payments to the unemployed in each country. The model is used to evaluate the impact of migration in … the enlarged EU, and would also be directly relevant for the NAFTA countries, under a range of possible migration … scenarios involving three types of workers: skilled, unskilled, and unemployed. Full migration is the only scenario in which the …

bias in migration significantly increases welfare in most receiving countries. Moreover, due to a more efficient global … that more - not less - high-skilled migration would increase world welfare. …High-skilled workers are four times more likely to migrate than low-skilled workers. This skill bias in migration …

unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key structural parameters … assess the impact on regional labour markets. Our results confirm that wages and unemployment are by far the most important … channels of adjustment to macro-economic and policy shocks in the EU. In contrast, labour migration plays a secondary role in …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern. …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …-order efficiency losses that outweigh the budget cost to the government. By contrast, wage subsidies involve much smaller welfare …) exclusion of migrants from a national subsidy program makes it possible to avoid a distortion of the migration pattern …