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Some facts characterizing the U.S. economic development in the 19th century are: (i) the westward movement of population; (ii) the accumulation of productive land; and (iii) the wage gap in favor of the West. An overlapping-generations model is developed, to account for these facts. The model's...
Persistent link: https://www.econbiz.de/10005700444
This paper examines the effect of temporary and permanent migration on household expenditures and on asset … migration has a stronger effect on household expenditures than permanent migration. …
Persistent link: https://www.econbiz.de/10005700492
This paper employs a wage-setting approach to analyze the labor market effects of immigration into Germany. The wage-setting framework relies on the assumption that wages tend to decline with the unemployment rate, albeit imperfectly. This enables us to consider labor market rigidities, which...
Persistent link: https://www.econbiz.de/10005700587
theoretical arguments regarding the role of migration networks and/or the dynamics of wealth transmission between successive …
Persistent link: https://www.econbiz.de/10005700917
We introduce the idea that informational cascades can explain the observed regularity that emigrants from the same locations also tend to choose the same foreign locations. Thus informational cascades generate herd behavior. Herd behavior is compared with the network externalities explanation of...
Persistent link: https://www.econbiz.de/10005700933
differentials as well as differences in employment opportunities are the central forces which drive East-West migration after …
Persistent link: https://www.econbiz.de/10005700950
migration, and more rural migrants substitute for urban workers, causing further urban unemployment. Since the economic reforms …
Persistent link: https://www.econbiz.de/10005701451
Persistent link: https://www.econbiz.de/10005701516
Language ability may not only affect the earnings of the individual, but the participation to participate in the labor market or becoming employed as well. It may also affect selection of people into economic sectors and occupation. In this paper the effects of language ability on earnings are...
Persistent link: https://www.econbiz.de/10005702989
roles “other people” play in influencing an individual’s potential migration decision. In analyzing the influence of others … on migration decisions, we rely on the concepts of migration networks and herd effects. …
Persistent link: https://www.econbiz.de/10005703041