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In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10008671737
source and five destination countries we find selective migration determined by relative anthropometric inequality in source …
Persistent link: https://www.econbiz.de/10009421692
source and five destination countries we find selective migration determined by relative anthropometric inequality in source …
Persistent link: https://www.econbiz.de/10013315938
Recent theoretical work shows that precautionary savings increase in response to an increase in first-order risk. In addition, it is known that the welfare state, being an insurance or consumption-smoothing mechanism, reduces the negative welfare effect of future income uncertainty. We build a...
Persistent link: https://www.econbiz.de/10013018213
Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances worldwide over the last three decades. The region has also had the highest non-oil external trade balance deficit among developing countries. We examine the role of remittances in...
Persistent link: https://www.econbiz.de/10012977472
Recent European legislation on immigration has revealed a particular paradox on migration policies. On the one hand … relax limits for immigrants in order to control migration inflows better. To this end, we use a real option approach to … migration choice that assumes that the decision to migrate can be described as an irreversible investment decision. In our model …
Persistent link: https://www.econbiz.de/10005029259
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10013137447
Recent European legislation on immigration has revealed a particular paradox on migration policies. On the one hand … relax limits for immigrants in order to control migration inflows better. To this end, we use a real option approach to … migration choice that assumes that the decision to migrate can be described as an irreversible investment decision. In our model …
Persistent link: https://www.econbiz.de/10013157501
locations within a country, when migration from one country to another is and is not possible. In a closed economy, a … are mobile, a tax on them induces little migration because the tax will reduce the rents on land inhabited by the rich. A …
Persistent link: https://www.econbiz.de/10005406374
We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If … migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it … generated by General Circulation model reveal that, ceteris paribus, migration may decline in Ghana and in Nigeria. …
Persistent link: https://www.econbiz.de/10011185619