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A temporary equilibrium model for international migration.

S Berninghaus, H G Seifert-vogt

    Journal of Population Economics
    |March 1, 1991
    PubMed
    Summary
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    Temporary vs. permanent migration: a decision theoretical approach.

    Journal of population economics·1988
    Same author

    International migration under incomplete information.

    Schweizerische Zeitschrift fur Volkswirtschaft und Statistik·1987
    See all related articles

    This study explores temporary migration equilibria in overlapping generation models. It finds that incomplete information can drive migration even between economically identical countries.

    Area of Science:

    • Economics
    • Demography
    • Mathematical Modeling

    Background:

    • Migration patterns are complex, influenced by economic factors and individual decision-making.
    • Overlapping generation models provide a framework for analyzing long-term economic phenomena.
    • Understanding the drivers of migration is crucial for policy-making and economic stability.

    Purpose of the Study:

    • To establish sufficient conditions for the existence of temporary migration equilibria.
    • To analyze the properties of these equilibria, particularly the impact of information.
    • To investigate whether information asymmetry alone can cause migration.

    Main Methods:

    • Development of a theoretical model incorporating overlapping generations and migration.
    • Mathematical analysis to derive conditions for temporary equilibrium.
    Keywords:
    BehaviorDemographic FactorsEconomic ConditionsEconomic FactorsEstimation TechnicsInternational MigrationMacroeconomic FactorsMigrationModels, TheoreticalMotivationPopulationPopulation DynamicsPsychological FactorsResearch MethodologyWorld

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  • Comparative statics to assess the effects of varying information levels.

    • Main Results:

    • Sufficient conditions for the existence of temporary migration equilibria were identified.
    • Differing degrees of individual information significantly affect migration equilibria.
    • Incomplete information was shown to be a sufficient cause for migration, even between identical economies.

    Conclusions:

    • Temporary migration equilibria can exist under specific conditions within overlapping generation frameworks.
    • Information asymmetry is a potent driver of migration flows.
    • Economic 'sameness' does not preclude migration if information is incomplete.