Kugler, Maurice
[Verfasser:in]
;
Levintal, Oren
[Sonstige Person, Familie und Körperschaft];
Rapoport, Hillel
[Sonstige Person, Familie und Körperschaft]
Erschienen in:World Bank Policy Research Working Paper ; No. 8034
Umfang:
1 Online-Ressource (34 p)
Sprache:
Englisch
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 25, 2017 erstellt
Beschreibung:
Migration facilitates the flow of information between countries, thereby reducing informational frictions that potentially hamper cross-country financial flows. Using a gravity model, migration is found to be highly correlated with financial flows from the migrant's host country to her home country. The correlation is strongest where information problems are more acute (e.g., between culturally more distant countries), for asset types that are more informational sensitive, and for the type of migrants that are most able to enhance the flow of information on their home countries, namely, skilled migrants. These differential effects are interpreted as evidence for the role of migration in reducing information frictions between countries