The question of whether migration can be an equilibrating force in the labour market is an important criterion for an … new light on this question by comparing pre- and post-crisis migration movements at the regional level in both Europe and … the United States, and their association with asymmetric labour market shocks. We find that recent migration flows have …

prices reduces migration and causes unemployment to rise differently in different locations. The model accounts for 90 … percent of the increase in geographical dispersion of unemployment and the entire decline in net migration. However, despite … large effects on migration and geographical dispersion of unemployment, the effect on aggregate unemployment is moderate …

Two of the most salient trends surrounding the issue of migration and development over the last two decades are the … large rise in remittances, and an increased flow of skilled migration. However, recent literature based on cross …-country regressions has claimed that more educated migrants remit less, leading to concerns that further increases in skilled migration …

endogenous international migration into a simple growth model. As a result the dynamics of the economy can feature some …

-selective. These predictions are then tested empirically using bilateral remittance and migration data and proxy measures for the …

This paper provides a micro-funded theory of multilateral resistance to migration analyzing how financial constraints … determine migration trends. We build a RUM model in which we explicitly introduce the budget constraint in the migration … decision: individuals cannot afford migrating to a destination for which the migration cost (which depends on the immigration …