Die Geschichte der Menschheit ist eine Geschichte der Wanderung. Die Migrationsbewegungen der Gegenwart bestätigen diese Binsenwahrheit. Migration ist grundsätzlich wohlstandsfördernd. Allerdings haben Herkunfts- und Zielländer unterschiedliche Interessen. Eine internationale Organisation...

Very little is understood about how immigrants affect the happiness, or subjective well-being of natives. We use the European Social Survey to analyze the effects of aggregate immigration flows on the subjective well-being of native-born populations in a panel of 26 countries between 2002 and...

This paper examines how immigrants’ optimal migration duration in the host country responds to the purchasing power parity (ppp) and relative wages between the host and source countries. A theoretical model of joint migration duration and saving decisions reveals that the optimal migration...

Happy people are healthier and more creative, productive, and sociable. Because of these positive effects of happiness, it is in the interest of countries to attract and retain happy people. With respect to the decision to migrate, the central question becomes whether people who are happier and...

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...