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While the economic performance of migrants in the receiving country undoubtedly depends on qualifications, it is also affected by inclinations. Given the probability of return migration, we establish a behavioral link between the incentive of m igrants to save in their country of destination and...
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We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
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We model group formation as a response to relative deprivation. We employ two measures of relative deprivation. We show that in the case of each of these measures the process of deprivation-induced self-selection into groups reaches a steady state, and that the steady-state distribution differs...
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Consider a population of farmers who live around a lake. Each farmer engages in trade with his two adjacent neighbors. The trade is governed by a prisoner's dilemma "rule of engagement". A farmer's payoff is the sum of the payoffs from the two prisoner's dilemma games played with his two...
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Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is … Theorie zur Migration von Arbeitskraft, die den Wunsch des Einzelnen mit einbezieht, eine Abwertung des sozialen Status zu …. Letztendlich wird eine Wohlfahrtsanalyse durchgeführt, die das Niveau des Wohlergehens in einer offenen Volkswirtschaft mit dem in …
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