Showing 1 - 10 of 515
Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...
Persistent link: https://www.econbiz.de/10011548098
This paper looks at the e ffect of cultural barriers on the skill selection of international migration. The data covers bilateral migration stocks by skill level in 2000 from about 99 sending countries to the main 15 destination countries. We use genetic distance as a proxy for cultural distance...
Persistent link: https://www.econbiz.de/10010485255
Trust in the citizens of a potential partner country may affect the decision to trade with or to migrate to a foreign country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and migration patterns. We apply instrumental variables (IV)...
Persistent link: https://www.econbiz.de/10010338889
The analysis of how the economic crisis in Europe has reshaped migration flows faces two challenges: (i) the confounding influence of correlated changes in the attractiveness of alternative destinations, and (ii) the role of rapidly changing expectations about the evolution of the economic...
Persistent link: https://www.econbiz.de/10010344609
Goods trade and international mobility of labor are typically analyzed separately. While there is excellent research in both fields, far less is known about the interrelationships between international migration and international trade. This paper provides a first structurally estimable model of...
Persistent link: https://www.econbiz.de/10010487728
We apply recently proposed individual welfare measures in the context of preference heterogeneity, derived from structural labour supply models. Contrary to the standard practice of using reference preferences and wages, these measures preserve preference heterogeneity in the normative step of...
Persistent link: https://www.econbiz.de/10010341149
We investigate whether working time is related to the intensity of income comparisons and relative income. Our simple theoretical model demonstrates that the effects of relative income concerns depend on whether an individual can choose contractual working hours and/or overtime. In the empirical...
Persistent link: https://www.econbiz.de/10010337852
important as mechanisms of risk sharing and income redistribution. We argue that migration and remittances have the potential to … remittances strengthen or weaken the degree of private transfers. We use data from a detailed household survey in Kyrgyzstan …, designed by the authors, to empirically study the effect of migration and remittances on both monetary and non …
Persistent link: https://www.econbiz.de/10010344638
Persistent link: https://www.econbiz.de/10009127402
Persistent link: https://www.econbiz.de/10009681742