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Wealth formation by economic agents and their international mobility: towards an eclectic migration decision-support framework

Author

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  • Jancewicz, Barbara

    (The Centre of Migration Research University of Warsaw, University of Warsaw)

  • Markowski, Stefan

    (University of Information Technology and Management in Rzeszow)

Abstract

International migration has been a major influence on the economic and social development of nations. Nevertheless, a vast majority of the global population continues to reside in their country of birth. While income/wealth differentials between states create centrifugal forces responsible for migration, impediments to international mobility of human, financial, physical and social capital assets work in the centripetal direction. This paper reviews a large segment of the extant literature on international migration to probe economic influences on people’s international mobility and immobility decisions. It aims to refine and extend the neoclassical foundations of migration theory and to outline how potentially complex decision mechanisms used by potentially mobile economic agents may be modified to simplify the complexity inherent in such choices so that immobility is often a default outcome of indecision.

Suggested Citation

  • Jancewicz, Barbara & Markowski, Stefan, 2019. "Wealth formation by economic agents and their international mobility: towards an eclectic migration decision-support framework," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 6(4), pages 1-28, December.
    • Handle: RePEc:ris:spppps:0041
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    More about this item

    Keywords

    migration theory; international migration; economics of migration;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • K37 - Law and Economics - - Other Substantive Areas of Law - - - Immigration Law
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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