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 …

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 …

economy. First, we combine data on effective and desired migration to identify the net pool of foreign talents (NPFT) of … benefit less than the US. In addition, liberalizing high-skilled migration decreases income per worker by 2.5 percent in …

and mobility decisions, population growth, and income disparities across and within countries. First, our static … for the 21st century. Assuming the continuation of recent education and migration policies, we predict stable disparities …

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 mobility decisions, population growth, and income disparities across and within countries. First, our static … for the 21st century. Assuming the continuation of recent education and migration policies, we predict stable disparities …