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We consider the welfare effects of the emigration of workers who produce a public good (knowledge). We distinguish … between the knowledge diversion and knowledge creation effects of such emigration, and show that the remaining residents of a … country can gain from emigration, even when tastes for knowledge goods exhibit a kind of 'home bias'. In contrast to existing …
Persistent link: https://www.econbiz.de/10012778122
In 2004, the European Union admitted 10 new countries, and wages in these countries were generally well below the levels in the existing member countries. Citizens of these newly-admitted countries were subsequently free to take jobs anywhere in the EU, and many did so. In 2015, a large number...
Persistent link: https://www.econbiz.de/10012965420
of emigration as well as immigration. We focus on Europe and compare the outcomes for large Western European countries … inequality because of emigration. Whereas, contrary to the popular belief, immigration had nearly equal but opposite effects … the wage effect of emigration, instead …
Persistent link: https://www.econbiz.de/10013134804
Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international migration during the Age of Mass Migration (1850-1913), a time when the US maintained an open border to European immigrants. We do so by exploiting variation in parental wealth...
Persistent link: https://www.econbiz.de/10013101829
Although a large literature argues that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes, researchers have been unable to directly assess these predictions because of an absence of data on colonial European settlement. In...
Persistent link: https://www.econbiz.de/10013104984
In this paper, we examine net emigration from Mexico over the period 1960 to 2000. The data are consistent with labor …-supply shocks having made a substantial contribution to Mexican emigration, accounting for two fifths of Mexican labor flows to the … U.S. over the last two decades of the 20th century. Net emigration rates by Mexican state birth-year cohort display a …
Persistent link: https://www.econbiz.de/10012759653
occurred when overseas mass emigration from southern Italy was at its peak and international borders were open, making … emigration a readily available option for relief. We use this event to study the effects of natural disasters on international … migration. We find that there was no large positive impact on emigration on average. There were, however, heterogeneous …
Persistent link: https://www.econbiz.de/10013299202
first on Fisher's influences in monetary theory (the quantity theory of money, the Fisher effect, Gibson's Paradox, the … monetary theory of business cycles, and the Phillips Curve, and empirics, e.g. distributed lags.). Then we discuss Fisher and …
Persistent link: https://www.econbiz.de/10013121735
Alfred Marshall and Mary Paley Marshall are often described as the first academic economist couple. Both studied at Cambridge University, where Paley became one of the first women to take the Tripos exam and the first female lecturer in economics, with Marshall’s encouragement. But in later...
Persistent link: https://www.econbiz.de/10014346412
abandonment of economic theory in applied work in the “experimentalist paradigm.” We document the changes implied by the changing …-55, 1974-75 and 2007-08. We also show that, despite the partial abandonment of theory by applied microeconomists, the labor … market for economists still pays a wage premium to theorists …
Persistent link: https://www.econbiz.de/10012992138