Sustainable Migration Policies

Reference : Sustainable Migration Policies


	Document type :	E-prints/Working papers : Already available on another site
	Discipline(s) :	Business & economic sciences : International economics
	To cite this reference:	http://hdl.handle.net/10993/12878

Title :	Sustainable Migration Policies
Language :	English
Author, co-author :	Picard, Pierre M. [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
	Worrall, Tim [> >]
Publication date :	2011
Publisher :	The University of Manchester
Collection and collection volume :	The School of Economics Discussion Paper Series
Peer reviewed :	Yes
Keywords :	[en] Migration ; Self-enforcing Mechanism ; Repeated Games
Abstract :	[en] This paper considers whether countries might mutually agree a policy of allowing free movement of workers. For the countries to agree, the short run costs must outweighed by the long term benefits that result from better labor market flexibility and income smoothing. We show that such policies are less likely to be adopted for less risk averse workers and for countries that trade more. More surprisingly we find that some congestion costs can help. This reverses the conventional wisdom that congestion costs tend to inhibit free migration policies.
Target :	Researchers ; Students
Permalink :	http://hdl.handle.net/10993/12878
source URL :	http://wwwen.uni.lu/content/download/30831/368147/file/2010_12-Sustainable%20Migration%20Policies.pdf

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