Using uncertainty about the future returns to migration, the option value theory of migration can explain low migration rates in spite of huge wage differences. This paper presents the theory in a simple two-period framework and uses ethnic Germans in the CIS to find empirical support for it....

This paper analyzes the migration behavior of ethnic groups in the former Soviet Union (FSU) from 1989 to 1999. The two main migration movements have been return migration of ethnic groups to their titular nation and migration of all ethnic groups to the Russian Federation. Using factor...

This paper studies the impact of different payment schemes for public library borrowings in Germany. The number of borrowings is directly related to the holdings and the financial means of a library. Per medium fees lower the number of borrowings. However, a fixed fee just reduces the number of...