Remittances have emerged as a vital player in the balance of Payments different countries and are pivotal for stability external sector developing such Pakistan. This study analyses macroeconomic determinants remittances well comparative skilled unskilled workers to draw clearer picture current state composition remittances. The makes use Johansen’s co-integration technique check existence long...

Using household survey data and location information on oilfields, this paper examines the short-term welfare impacts of Ghana’s offshore oil discovery production. The authors find that production increased real income employment by 4 percent 4.5 percent, respectively. However, it had no effect consumption poverty reduction. effects are larger for skilled workers than unskilled workers. positiv...

This paper evaluates the extent of interindustry, and inter-regional wage spillovers across the UK. A large literature exists suggesting that wages elsewhere affect wage determination and levels of satisfaction, but this paper extends the analysis to examine the effects of inward investment in the process. Thus far the specific effect of foreign wages on domestic wage determination has not been...

I argue that increased foreign competition can affect technical choice and skill differentials even when actual imports do not rise significantly. I present a model of General Oligopolistic Equilibrium ("GOLE") in which a reduction in import barriers (whether technological or policy-imposed) encourages more strategic investment by incumbent firms. The predictions accord with many of the stylise...

In this study three possible determinants of the increase in the ratio between skilled and unskilled workers are tested together: technological change, organisational change, and foreign direct investment. After analysing the literature, these hypotheses are jointly tested using a SUR estimate. The results – regarding a panel of 488 Italian manufacturing firms over the period 1989-1997 – sugges...

We analyse liquidity constraints in the Vintage Human Capital Model of Chari and Hopenhayn (1991). Comparing two economies with di¤ering degrees of liquidity constraints, the more constrained economy exhibits slower technology di¤usion, uses a larger range of technologies and displays more lifetime income inequality. Allowing for skill transfers between the two economies gives rise to technique...

This paper analyzes the decision process that leads destination countries to introduce selective immigration policies based on skills requirements. We show that in absence of policy implementation costs, preferences in destination countries are polarized between complete openness or complete closure. However, this result changes if we take into account policy implementation costs. In presence o...