How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...

How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...

This paper develops a simple model of colonial wars and trade restrictions. Two metropolises compete to gain control over the trade policy of a colony. In equilibrium, the winning metropolis can improve its own terms of trade by restricting trade flow between the rival metropolis and the colony....