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This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and …
Persistent link: https://www.econbiz.de/10011518125
factor flows. Theoretically, labor and capital flows must be substitutes. However, empirical papers find migration and FDI to … be either substitutes or complements, depending upon the skill content of migration. To reconcile the standard theory …
Persistent link: https://www.econbiz.de/10011473618
This review article surveys the recent economic literature on diaspora networks, globalization, and development. Diasporas are shown to contribute to the economic and cultural integration of source (i.e., developing) countries into the global economy. I first review the effect of diaspora...
Persistent link: https://www.econbiz.de/10012064002
Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage … the diaspora, investigating on a macro-level the role of migration in cultural convergence across countries and on a micro …
Persistent link: https://www.econbiz.de/10011806518
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...
Persistent link: https://www.econbiz.de/10011345004
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI – provided that residents of...
Persistent link: https://www.econbiz.de/10011347125
of migration in alleviating information imperfections between home and host countries. We show that the impact of … migration on financial flows is strongest where information problems are more acute (that is, for more informational sensitive … information in generating home-bias and as new evidence of the role of migration in reducing information frictions between …
Persistent link: https://www.econbiz.de/10009787347
of migration in alleviating information imperfections between home and host countries. We show that the impact of … migration on financial flows is strongest where information problems are more acute (that is, for more informational sensitive … information in generating home-bias and as new evidence of the role of migration in reducing information frictions between …
Persistent link: https://www.econbiz.de/10009781901
This paper summarises the economic analyses of the potential impact of Brexit on the United Kingdom, European Union (EU) and euro area performed by members of and contributors to the Brexit Task Force, a group reporting to the International Relations Committee of the European System of Central...
Persistent link: https://www.econbiz.de/10012300413
Does anti-migration sentiment threaten internationalization? One major pro-Brexit argument was that it would enable … more control over immigration. The most recent US presidential election also focused on immigration. Anti-migration … migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …
Persistent link: https://www.econbiz.de/10012163436