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model to fit the data from China over the period from 1980 to 2007, a developing economy featuring not only large migration …. Furthermore, the increase in college admission selectivity for rural students plays a crucial but negative role in China …
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This paper studies the welfare effects of encouraging rural-urban migration in the developing world. To do so, we build a dynamic incomplete-markets model of migration in which heterogenous agents face seasonal income fluctuations, stochastic income shocks, and disutility of migration that...
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