This paper investigates the economic consequences of international migration from the point of view of destination countries. Consistently with international evidence on migration flows, we build a model where the migration rate is higher among the highly-educated. A negative relationship is...

We analyze under which conditions temporary migration of unskilled and skilled workers increases human capital accumulation in the host country. We also show that the negative welfare effect of lower unskilled wages may be counterbalanced by deeper human capital formation

Over the past century, all OECD countries have been characterized by a dramatic increase in economic conditions, life expectancy and edu- cational attainment. This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is...

Over the past century, all OECD countries have been characterized by a dramatic increase in economic conditions, life expectancy and educational attainment. This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is...

This paper studies the impact of Muslim rule on human capital development. Using a unique novel dataset containing yearly data on Muslim presence in the period 711-1492 and literacy rate in 1900 for about 7500 municipalities in Spain, we estimate the local impact of the length of Muslim rule in...