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International migration and remittances in a two-country temporary equilibrium model
Journal of Economic Studies (Glasgow, Scotland)
|January 1, 1991
Summary
This study analyzes how macroeconomic policies affect international migration and remittances. It evaluates the impact of income, trade, and fiscal policies on national welfare in both sending and receiving countries.
Area of Science:
- Macroeconomics
- International Economics
- Public Policy
Background:
- International migration and remittances significantly impact global economies.
- Understanding the macroeconomic consequences for both source and host countries is crucial.
Purpose of the Study:
- To determine how income, trade, and fiscal policies influence international migration.
- To evaluate the effects of emigration and remittances on national income and welfare.
Main Methods:
- Utilizing a two-country temporary equilibrium macroeconomic model.
- Analyzing policy-induced changes in migration, remittances, income, and welfare.
Main Results:
- Specific macroeconomic policies can either encourage or discourage international migration.
- Emigration and remittances have distinct analytical implications for income and welfare in both countries.
Conclusions:
- Macroeconomic policies have a measurable impact on international migration patterns.
- Policy evaluation should consider the welfare of domestic nationals in both source and host countries.
Keywords:
Demographic FactorsEconomic FactorsEvaluationIncomeInternational MigrationMacroeconomic FactorsMicroeconomic FactorsMigrationModels, TheoreticalPolicyPopulationPopulation DynamicsRemittancesResearch MethodologySocial WelfareSocioeconomic FactorsWorldMore Related Videos
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