Showing 1 - 10 of 15
In this paper we define the relative deprivation of a person with income y as an increasing function of the percentage of individuals in the person's reference group whose income is larger than y. We obtain his satisfaction by adding up the marginal utilities of income over the range of income a...
Persistent link: https://www.econbiz.de/10015220997
Marriage, migration and related phenomena such as marital stability, fertility and investment in human capital may be better explained by studying marriage and migration jointly. We thus proceed in this paper to explore the role of migration in obtaining joint labour-market and marriage-market...
Persistent link: https://www.econbiz.de/10015220998
Although 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, a behavioural link is established between the incentive of migrants to save in their country of...
Persistent link: https://www.econbiz.de/10015221000
A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation." In a general equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between two identical economies. Migration increases the...
Persistent link: https://www.econbiz.de/10015221001
It stands to reason that social unrest does not erupt out of the blue. Although there are a great many reasons why social dismay might descend into social disorder, only few yardsticks or indices can plausibly be used to gauge the potential for social unrest (PSU). If policy makers want to...
Persistent link: https://www.econbiz.de/10015221288
A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation." In a general equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between two identical economies. Migration increases the...
Persistent link: https://www.econbiz.de/10015221459
This paper looks at the integration of regions and nations through the prism of the merger of populations. The paper employs a particular index of social dismay. It presents examples of two of the main results arising from the study of the merger of two populations: that the social dismay of an...
Persistent link: https://www.econbiz.de/10015225543
The asylum seekers who choose the level of investment in the host-country-specific human capital, and the government of the host country that chooses the probability of naturalization are modeled as optimizing economic agents in a setting not of their choosing.
Persistent link: https://www.econbiz.de/10015225669
This paper develops a model of voluntary migration into degrading work. The essence of the model is a tension between two “bads:” that which arises from being relatively deprived at home, and that which arises from engaging in humiliating work away from home. Balancing between these two...
Persistent link: https://www.econbiz.de/10015225670
This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital,...
Persistent link: https://www.econbiz.de/10015225672