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 …

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 …

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 …