International migration, human capital formation, and saving
نویسندگان
چکیده
منابع مشابه
Domestic Saving and International Capital Flows Reconsidered
A long literature since Feldstein and Horioka’s seminal contribution documents the strong correlation of domestic saving and investment rates since the 1960s. According to conventional wisdom, the result provides evidence of international capital market imperfections. The macroeconomic theory of small open economies prescribes a relationship between the composition of aggregate demand and its r...
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In this paper, we provide an overview of the relationship between international migration and international trade as well as capital movements. After taking a brief historical perspective, we first investigate migration flows between two countries in a static, neoclassical context. We allow for a disaggregated view of migration that distinguishes between different types of labor and emphasizes ...
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Much controversy has developed recently over capital formation and the claim that the eocial security system has reduced savings and a3 a reeult the potential for economic growth in this country. Concerned that there was much misunderstanding with respect to the subject, the Comm483ioner of Social Security asked the Ofice of Reeearch and Statietics to make a presentation to top-level stag to cl...
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Use of migration tax as an instrument for financing development expenditure in poorer countries has received renewed attention recently and is evolving as an important subject of research in development economics. This paper discusses a related issue where the revenue collected by taxing skilled and unskilled migrants moving from poor to rich countries can help raising the level of human capita...
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This paper estimates the degree of international capital mobility in East Asia using the saving– investment correlation originated in Feldstein and Horioka [Feldstein, M., Horioka, C., 1980. Domestic saving and international capital flows. Economic Journal 90, 314–329]. We apply the empirical method used in Kim [Kim, S.H., 2001. The saving–investment correlation puzzle is still a puzzle. Journa...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2013
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2012.11.032