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Using uncertainty about the future returns to migration, the option value theory of migration can explain low migration rates in spite of huge wage differences. This paper presents the theory in a simple two-period framework and uses ethnic Germans in the CIS to find empirical support for it....
Persistent link: https://www.econbiz.de/10011405562
The importance of the flow of workers’ remittances in the economies of developing countries during the last few decades or so cannot be ignored at the face changing global order where most of the economies in the world are transforming themselves to the call of globalization and transmuting...
Persistent link: https://www.econbiz.de/10013247470
We draw a distinction between the social integration and economic assimilation of migrants, and study an interaction … between the two. We define social integration as blending into the host countryś society, and economic assimilation as … income gap with the natives. In this way, social integration becomes a catalyst for economic assimilation. …
Persistent link: https://www.econbiz.de/10009775564
emigration increases wages in the sending country but only for non-emigrants with substitutable skills similar to those of …
Persistent link: https://www.econbiz.de/10011433786
emigration intentions of native-born inhabitants of one industrialized country in particular: the Netherlands. To understand … emigration from high-income countries we focus not only on factors that refer to individual characteristics, but also on the …, etc. Based on data about the emigration intentions of the Dutch population collected during the years 2004-2005 we …
Persistent link: https://www.econbiz.de/10011348704
With reference to the EU enlargement, a framework is derived which allows the study of the effect of unemployment benefits on the migration decision. While benefits simply increase the expected gain for risk neutral individuals, they work as an insurance device for risk averse migrants; the...
Persistent link: https://www.econbiz.de/10011414113
We investigate the role of complementarities in production and skill mobility across cities. We propose a general equilibrium model of location choice by heterogeneously skilled workers, and consider different degrees of complementarities between the skills of workers. The nature of the...
Persistent link: https://www.econbiz.de/10010337849
We can enhance development by making it easier for people to “vote with their feet” between jurisdictions. Few, if any, policy reforms can achieve such enormous increases in economic growth and opportunity. Foot voting is, in several crucial respects, a better mechanism of political...
Persistent link: https://www.econbiz.de/10012899463
If some of the returns to migration accrue from return migration, the optimal duration of migration may be shorter than the feasible duration of migration. We develop a model that provides and highlights conditions under which return migration takes place even though a reversal of the inter-...
Persistent link: https://www.econbiz.de/10014061194
This paper describes the immigration policy that would maximize the welfare of natives. Trade principles indicate that the United States should eliminate its immigration quotas and other non-tariff protectionist barriers and use immigration tariffs instead
Persistent link: https://www.econbiz.de/10014068926