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We develop a model of the interdependencies between migration, remittances and inequality, and investigate how … migration and subsequent remittances affect inter-household inequality in the origin communities. An important feature of our … wealth inequality but may generate higher income inequality. Moreover, the short-run and long-run impacts of migration on …
Persistent link: https://www.econbiz.de/10010261545
(labor market impact, fiscal impact, capital deepening, endogenous education, endogenous inequality). We use a backsolving …
Persistent link: https://www.econbiz.de/10010267654
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …
Persistent link: https://www.econbiz.de/10010328942
inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010333443
incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …
Persistent link: https://www.econbiz.de/10010278751
Understanding the economic and social effects of the recent global trends of rising market concentration and market power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the Welfare and Competition tool (WELCOM), to estimate with...
Persistent link: https://www.econbiz.de/10012497944
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent …-shaped function of h, with minimum at 0 < h1 < 1; iii) the likelihood that Q improves with BD falls with international inequality; iv …) the likelihood that Q improves with h falls with domestic inequality; v) the likelihood Q improves with h falls (rises …
Persistent link: https://www.econbiz.de/10012545972
We develop a model of the interdependencies between migration, remittances and inequality, and investigate how … migration and subsequent remittances affect inter-household inequality in the origin communities. An important feature of our … wealth inequality but may generate higher income inequality. Moreover, the short-run and long-run impacts of migration on …
Persistent link: https://www.econbiz.de/10013204735
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent …-shaped function of h, with minimum at 0 < h1 < 1; iii) the likelihood that Q improves with BD falls with international inequality; iv …) the likelihood that Q improves with h falls with domestic inequality; v) the likelihood Q improves with h falls (rises …
Persistent link: https://www.econbiz.de/10012597606
This paper sheds light on the global migration patterns of the past 40 years, and produces migration projections for the 21st century, for two skill groups, and for all relevant pairs of countries. To do this, we build a simple model of the world economy, and we parameterize it to match the...
Persistent link: https://www.econbiz.de/10014000874