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"This paper examines the welfare implications associated with different degrees of diversity or similarity between migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social capital and find that there are three equilibrium...
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This paper examines the welfare implications associated with different degrees of diversity or similarity between migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social capital and find that there are three equilibrium...
Persistent link: https://www.econbiz.de/10013319081
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In this paper, we attempt to understand the determinants of mobility by introducing the concept of local social capital … to multiple equilibria (a world of local social capital and low mobility vs. a world of low social capital and high … propensity to move). It also shows that local social capital is systematically negative for mobility, and can be negative for …
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