This paper develops a simple time-series model of emigration and applies it to data for emigration from the UK between 1870 and 1913. The model is derived from a microeconomic analysis of the migration decision and provides a specific functional form and dynamic structure. It encompasses many of the features of models used in earlier research in which the specifications have been essentially ad hoc. The results support the model strongly in most respects. Both wage rates and employment rates in the sending and the receiving countries influenced fluctuations in emigration. The short-run fluctuations were driven largely by variations in employment rates while the long-run level of emigration was determined largely by the relative wage.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
771.
Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers N33 - Economic History - - Labor and Consumers, Demography, Education, Income, and Wealth - - - Europe: Pre-1913
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Alberto Chong & Gianmarco León, 2006.
"Barriers to Exit,"
RES Working Papers
4476, Inter-American Development Bank, Research Department.
[Downloadable!]
Other versions:
Chong, Alberto & León, Gianmarco, 2008.
"Barriers to exit,"
Economics Letters,
Elsevier, vol. 99(1), pages 93-97, April.
[Downloadable!] (restricted)