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Migrants are typically self-selected from the population of their home country. While a large literature has identified the causes of self-selection, we turn in this paper to the consequences. Using a combination of non-parametric econometrics and calibrated simulation, we quantify the impact of...
Persistent link: https://www.econbiz.de/10010230030
Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
Persistent link: https://www.econbiz.de/10010361361
Switzerland has experienced a substantial influx of immigrants over the last 50 years after World War II, which has led Switzerland to have among the highest share of foreigners in population among all OECD countries. This paper analyzes the migration experience of Switzerland. The analysis...
Persistent link: https://www.econbiz.de/10013321398
Our paper picks up the current controversial debate about increasing (income) inequality due to recent monetary policy measures in major advanced economies. We use a VAR framework identified with sign restrictions to figure out how income in- equality related measures react to monetary policy...
Persistent link: https://www.econbiz.de/10011647171
We develop an asymmetric general oligopolistic equilibrium (AGOLE) model, which extends the range of possible applications in general oligopolistic equilibrium modelling. The AGOLE allows to incorporate endogenous and asymmetric marginal utilities of income across countries.As a first exemplary...
Persistent link: https://www.econbiz.de/10012300433
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10003688796
Discrete choice models are used to investigate the individual's choice among a discrete number of alternatives. The characteristics of each alternative, by means of a multinomial and nested multinomial models have been taken into account. Specifically, this study analyses the impact of choice...
Persistent link: https://www.econbiz.de/10009788281
This contribution investigates the relationship between economic freedom and international migration. We argue that higher levels of economic freedom in the source countries of migration may discourage migration by generating more economic security, providing more economic opportunities and...
Persistent link: https://www.econbiz.de/10011508122
Why do people leave high-income countries with extensive welfare states? This article will examine what underlies the emigration intentions of native-born inhabitants of one industrialized country in particular: the Netherlands. To understand emigration from high-income countries we focus not...
Persistent link: https://www.econbiz.de/10011348704
This article seeks to explain the contradiction between the promises of welfare gains derived from the economic models recommending the removal of immigration restrictions and the realities experienced by countries attempting to apply restrictions to immigration flows. A formal model is built in...
Persistent link: https://www.econbiz.de/10012415877