In Switzerland a sudden policy uncertainty shock happened in February 2014 with the close and largely unexpected … consequences of this substantial policy uncertainty shock on firms' private fixed investment and employment plans. We find that … uncertainty has increased are also the ones that see a significant reduction in their future investment activities and their …

Migration flows are shaped by a complex combination of self-selection and out-selection mechanisms. In this paper, we …-capital structure of current migration flows. Our analysis exploits a bilateral data set on international migration by educational … various determinants of migration, we find diasporas increase migration flows, lower their average educational level and lead …

view tends to neglect two important dynamic e ffects: the role of migration networks, which could reduce immigrants …' quality, and the responsiveness of education decisions to the prospects of migration. Our model shows that migration networks …-equivalent migration costs by education level relate to networks. The results imply that the relationship between networks and immigrants …

view tends to neglect two important dynamic effects: the role of migration networks, which could reduce immigrants' quality …, and the responsiveness of education decisions to the prospects of migration. Our model shows that migration networks and … immigration policies, the initial pattern of migrants' self-selection on education, and the way time-equivalent migration costs by …

We analyze the effects of governmental redistribution of income on migration patterns,using an Italian administrative … dataset that includes information on almost every Italian citizen living abroad. Since Italy takes a middle ground in terms of … level covariates, migration costs, and when testing for stochastic dominance of the skill distributions of migrants and …

Study abroad migration is the fastest growing international migration flow. However, the college completion rates of … abroad. Our results show that potential migrants react strongly to information about the availability of financial support …, it is likely that study migrants need to shift their time from study to work after uninformed migration, which likely …

Study abroad migration is the fastest growing international migration flow. However, the college completion rates of … abroad. Our results show that potential migrants react strongly to information about the availability of financial support …, it is likely that study migrants need to shift their time from study to work after uninformed migration, which likely …

Many empirical studies on the determinants of international migration flows rely exclusively on macro data, and do not … account for migrants' self-selection. We analyze a very interesting episode in international migration for which we are able … individual earnings and use them to estimate a discrete-choice migration equation that allows for correlated errors across …

, migration aspirations, short-run migration plans, and preferred destination choices. We find that individuals who intend to …

, migration aspirations, short-run migration plans, and preferred destination choices. We find that individuals who intend to …