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Handbook of the Economics of International Migration by Barry R. Chiswick and Paul W. Miller (Eds.) PDF

By Barry R. Chiswick and Paul W. Miller (Eds.)

ISBN-10: 0444633723

ISBN-13: 9780444633729

The monetary literature on foreign migration pursuits policymakers in addition to teachers during the social sciences. those volumes, the 1st of a brand new subseries within the Handbooks in Economics, describe and learn scholarship created because the inception of significant consciousness started within the overdue Seventies. This literature appears to be like within the normal economics journals, in quite a few box journals in economics (especially, yet no longer solely, these masking exertions industry and human source issues), in interdisciplinary immigration journals, and in papers by way of economists released in journals linked to historical past, sociology, political technology, demography, and linguistics, between others.

  • Covers a variety of themes from hard work industry results and monetary results to the consequences of overseas migration at the point and distribution of source of revenue – and every little thing in between.
  • Encompasses quite a lot of themes relating to migration and is multidisciplinary in a few elements, that is the most important concerning migration
  • Appeals to a wide group of students drawn to this subject and for whom no overviews or summaries exist

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Example text

If migrants find work at the destination instantly upon arrival and migration 21 The problem, as Polachek and Horvath (1977) point out, is that mobility causes information to depreciate, resulting in losses. The losses in information value must be weighed against the gains that come from moving to a place with more desirable attributes. 19 20 Handbook of the economics of international migration costs are non-existent, a pure disequilibrium model would thus imply complete wage convergence between origin and destination locales.

These and other implications are derived formally using an optimal control theory framework that treats the choice of locational attributes, information, goods, and human capital acquisition as simultaneously determined. Importantly, Polachek and Horvath (1977) also demonstrate that without information search and the acquisition of human capital, their model reduces to the simple Sjaastad model of dichotomous choice. It simply treats migration as a continual process of revising one’s demand for locational attributes over the life-cycle, concurrent with human capital acquisition.

Empirically, many people have a high periodicity of migration, whereas others have a low periodicity. The Sjaastad model is silent on the causes of this heterogeneity other than to assume that repeat migrants are those whose migration 19 20 See also Goodman (1981). The decision-making unit in Taylor’s model is the family, but his model is easily applicable to the individual. Migration theory costs and benefits change more frequently than others. That is, explanations for repeat and return migration are not predictions formally implied by the Sjaastad model, but instead are simply assumptions.

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Handbook of the Economics of International Migration by Barry R. Chiswick and Paul W. Miller (Eds.)


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