This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …

, and trade. Short-term labour mobility thus emerges in Africa, too, as a prospective policy lever to generate new …