G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Migration Dynamics
Sergio Vergalli; Michele Moretto
发表日期2005
出处Economy and Society
出版年2005
语种英语
摘要This paper tries to explain why most migration flows show some observable jumps in their processes, a phenomenon that seems to be sympathetic with the characteristic of irreversibility of migration. We present a real option model where the choice to migrate depends on both the differential wage between the host country and the country of origin, and on the probability of being fully integrated into the host country. The theoretical results show that the optimal migration decision of a single individual consists of waiting before migrating in a (coordinate) mass of individuals. The dimension of the migration flow depends on the behavioural characteristics of the ethnic groups: the more "sociable" they are, the larger the size of the wave and the lower the differential wage required. A second part of the paper is devoted to calibrating the model and simulating some migration flows to Italy in the last decade. The calibration is able to replicate the observable migration jumps in the short term. In particular, the calibrated model is able to conjecture the induced labour demand elasticity level of the host country and the behavioural rationale of the migrants.
特色分类F22,O15,R23
关键词Migration,Real Option,Labour Market,Network Effect
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/migration-dynamics/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117220
推荐引用方式
GB/T 7714
Sergio Vergalli,Michele Moretto. Migration Dynamics. 2005.
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NDL2005-108.pdf(982KB)智库出版物 限制开放CC BY-NC-SA浏览
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