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neglected - economic and socio-cultural effects of the brain drain. Remittances of African migrants contribute considerably not …
Persistent link: https://www.econbiz.de/10011331405
Interest in the effects of labor migration on the receiving economy has not produced ample insights regarding its long-run consequences. Important as it may be, the impact on wages and employment, especially on groups whose labor market characteristics are similar to those of migrants, could be...
Persistent link: https://www.econbiz.de/10012436477
This paper is motivated by an attempt to account for the empirical finding that quite often migrants outperform the native-born. The underlying idea is that how migrants fare, absolutely and relative to the indigenous population, depends on group attributes ratber than on individual abilities...
Persistent link: https://www.econbiz.de/10012439329
We model how the remittances by a migrant are influenced by the remittance behavior of fellow migrants with whom the … migrant compares himself. We show that an increase in the mean remittances of the group of fellow migrants encourages the … migrant to increase his own remittances, and that this response holds only for those who lag behind the group mean. We test …
Persistent link: https://www.econbiz.de/10014543642
[Introduction:] Whatever workers may take with them when they migrate, they cannot possibly transfer their home country's information structure. Consequently, foreign-country employers are not as well informed about home-country workers as are home-country employers. Typically, migration runs...
Persistent link: https://www.econbiz.de/10012503514
Using the framework of a dynamic intertemporal optimization model of an open economy, it is shown that the long-run investment-saving correlation follows directly from the economy’s dynamic budget constraint and this does not depend on the degree of international capital mobility. Therefore,...
Persistent link: https://www.econbiz.de/10012120466