Altruism and international labour migration

Gaumont, Damien; Mesnard, Alice

doi:10.1007/s001480050126

Cited by 4 publications

(2 citation statements)

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“…Following Galor's seminal article (Galor ), the OLG approach has often been used in the international labour migration literature, but there are very few models with altruistic agents (see Tcha ,b, ; Gaumont and Mesnard, ; Thibault, ). However, the importance of intergenerational altruism in migration decisions is documented by Berman and Rzakhanov ().…”

Section: Implications For Policy Debate On Labour Immigrationmentioning

confidence: 99%

Is GDP a Relevant Social Welfare Indicator? A Savers-Spenders Theory Approach

Thibault

2016

Jpn Econ Rev

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The use of GDP as the main index of progress and welfare of a country has been the subject of a long debate among economists. Using and extending the savers–spenders theory, we analyse the theoretical relationship between GDP and the welfare of a society. This analysis is undertaken using several different overlapping generations models which all take into account the great heterogeneity of consumer behaviour observed in the data (different labour supply choices, different degrees of altruism and/or different degrees of impatience to consume). The results indicate that GDP (per capita) is often a relevant index and is always a decent social welfare indicator.

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Section: Implications For Policy Debate On Labour Immigrationmentioning

confidence: 99%

Is GDP a Relevant Social Welfare Indicator? A Savers-Spenders Theory Approach

Thibault

2016

Jpn Econ Rev

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“…In Galor (1986), individuals differ with respect to the rate of time preference and two-way migration emerges among countries with different interest rates. Gaumont and Mesnard (2000) show that differences in relative factor prices might lead to two-way migration when individuals are heterogeneous with respect to the degree of altruism. In Berninghaus and Seifert-Vogt (1991), two-way migration arises if there is heterogeneity in individuals' expectations about future living conditions in the home country and the foreign country.…”

Section: Introductionmentioning

confidence: 97%