How does labor mobility affect income convergence?

Labor mobility is introduced into the neoclassical growth model. For a small open economy with capital intensity below its steady-state level, outmigration directly contributes to faster income convergence but also creates a disincentive for gross capital investment. At low relative income levels, t...

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Bibliographic details
Volume: 29
Main Author: Rappaport, Jordan
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 2005
ELSEVIER SCIENCE BV
Elsevier
published in: Journal of economic dynamics & control Vol. 29; no. 3; pp. 567 - 581
Data of publication: 2005
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Series: Journal of Economic Dynamics and Control
Subjects:
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2005
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