G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Managing Migration through Quotas: an Option-theory Perspective
Michele Moretto; Sergio Vergalli
发表日期2008
出处Economy and Society
出版年2008
语种英语
摘要Recent European Legislation on immigration has revealed a particular paradox on migration policies. On the one hand, the trend of recent legislation points to the increasing closure of frontiers (OECD 1999, 2001,2004), also by using immigration quotas. On the other hand, there is an increase of regularization, i.e., European policies are becoming less tight. Our aim here is to study these counterbalanced and opposite policies in European immigration legislation in a unified framework . To do this, we have used a real option approach to migration choice that assumes that the decision to migrate can be described as an irreversible investment decision where quotas represent an upper bound limit. Our results show that the paradox of counterbalancing immigration policies is not odd but it could be in line with an optimal policy to control migration inflow. In particular, we show that if the government controls the information related to the immigration quota system it could delay the mass entry of immigrants maintaining, in the long run, the required immigration stock and controlling the flows in the short-run.
特色分类F22,J61,O15,R23
关键词Immigration,Real Option,Quota System
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/managing-migration-through-quotas-an-option-theory-perspective/
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/117576
推荐引用方式
GB/T 7714
Michele Moretto,Sergio Vergalli. Managing Migration through Quotas: an Option-theory Perspective. 2008.
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