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This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …
Persistent link: https://www.econbiz.de/10010235847
.S. immigrant workers and workers in their 42 home countries. The average price equivalent of migration barriers in this setting …
Persistent link: https://www.econbiz.de/10011454010
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
brain drain. By contrast, the brain drain appears to have negative growth effects in countries where the migration rate of …We present an empirical evaluation of the growth effects of the brain drain for the source countries of migrants. Using … recent US data on migration rates by education levels (Carrington and Detragiache, 1998), we find empirical support for the …
Persistent link: https://www.econbiz.de/10010261555
destinations, and +0.74 to rich destinations. This relationship between emigration flows and economic growth is highly robust to …
Persistent link: https://www.econbiz.de/10012269072
and mobility decisions, population growth, and income disparities across and within countries. First, our static … for the 21st century. Assuming the continuation of recent education and migration policies, we predict stable disparities …
Persistent link: https://www.econbiz.de/10011910583
The proportion of foreign-born people in rich countries has tripled since 1960, and the emigration of high-skilled people from poor countries has accelerated. Many countries intensify their efforts to attract and retain foreign students, which increases the risk of brain drain in the sending...
Persistent link: https://www.econbiz.de/10010884438
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010959810
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with … different levels of migration frictions. We bring the model to the data for the whole world economy at a 1º times 1º geographic …
Persistent link: https://www.econbiz.de/10011252617
open up their immigration policies so as to enable migrants' remittances to substitute for foreign aid as a growth …-stimulant in poor, migrant-sending countries. In this paper, we use an endogenous growth model to argue that the growth effects of … transnational migration and remittances are entirely mediated by the human capital profile of emigrants, as determined by …
Persistent link: https://www.econbiz.de/10005015307