This paper presents key findings on the international experience with migration, focusing on the implications for a developing nation that is a country of origin. The paper identifies several areas of impacts: (1) increases in wages of individual migrants; (2) remittances; (3) impacts on skills...

"We look at the decision of the government or "central planner" in the allocation of scarce governmental resources for tertiary education, as well as that for the individual. We provide estimates of the net present values, or cost and benefits. These include costs of tertiary education; the...

Optimal control of a linear process with unknown parameters is considered when the horizon is infinite and rewards are discounted. Active learning strategies are considered, i.e., agents consider the information value of possible actions, as well as current reward. Distributional assumptions are...

Using new data matching remittances and monthly payroll disbursals, we demonstrate how fluctuations in migrants' earnings in the United Arab Emirates affect their remittances. We consider three types of income fluctuations that are observable by families at home: seasonalities, weather shocks...

In 2011, a reform in the United Arab Emirates allowed any employer to renew a migrant's visa upon contract expiration without written permission from the initial employer. We find that the reform increased incumbent migrants' earnings and firm retention of these workers. This occurs despite an...

This paper discusses the role of knowledge and the structure of the economy in sustaining high economic growth, with an emphasis on Sub-Saharan Africa. A model of growth, involving learning from different activities, is proposed. Within the context of that model, a discussion is provided on some...