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Barriers and foresight in international labor-migration
Abstract:
"In the presence of barriers to mobility, migration behavior depends importantly on a worker's planning horizon. Although a myopic worker will accept the job offer promising the greatest immediate utility, a worker with foresight also values the opportunities that a job offers, to gain access to more highly valued alternatives. A model of labor migration based on these ideas...shows the importance of institutional arrangements and lends itself to the discussion of policy measures to influence labor migration....[The proposed model] is one of large-scale labor-migration [and] focuses on the availability of jobs, the worker's planning horizon, and how these factors affect his migration decisions."
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