Do Migration Restrictions Matter ?

  title={Do Migration Restrictions Matter ?},
  author={Paul Klein and Gustavo Ventura},
Restrictions on the movement of labor across countries are widespread and severe, and coexist with large differences in output per worker. We assess the significance of these policies in an environment equipped with a number of key features. These are: (i) Total Factor Productivity (TFP) differences across locations; (ii) a fixed factor in production (land); (iii) capital is accumulated and is mobile across locations; (iv) individuals choose optimally whether and when to migrate. We first… CONTINUE READING
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