Immigrants or their children founded over 40% of the Fortune 500 US companies. This suggests that ‘ability drain' is economically significant. While brain drain associated with migration also induces a brain gain, this cannot occur with ability drain. This paper examines migration's impact on...

This article sheds light on the important differences in self-declared happiness across countries of equivalent affluence. It hinges on the different happiness statements of natives and immigrants in a set of European countries to disentangle the influence of objective circumstances versus...

This paper introduces a newly constructed Theil index of between-sectoral manufacturing wage inequality and empirically tests whether the measure can serve as a basis for more general statements about the evolution of broader concepts of inequality, as argued by the authors of the University of...

This paper adopts a more expansive definition of Human Development than that encompassed by the Human Development Index in order to explore diverse country patterns of behavior in relation to these broadened dimensions. We proceed by first identifying the dimensions to be investigated and...

This note demonstrates that when developing countries remove barriers to migration and integrate their labour markets, children may be driven out of schools and into informal or paid employment in the comparatively rich countries. In industrialized countries, the same mechanism might force...

Cross-country econometric analysis informed by Heckscher-Ohlin theory suggests that the concentration of Africa's exports on unprocessed primary products is caused largely by the region's combination of low levels of education and abundant natural resources. One-third of the countries in Africa...