COVID-19

Abundance from abroad: migrant income and long-run economic development

Crawford School of Public Policy | Development Policy Centre
Photo by mountain_MX on Flickr

Event details

Public Seminar

Date & time

Wednesday 11 November 2020
11.00am–12.00pm

Venue

Online via Zoom

Speaker

Professor Dean Yang

Contacts

Arichika Okazaki
02 6125 6805

» watch the recording
» view presentation

When international migrant incomes improve, what are the consequences for global income (from international and domestic sources) in migrant-origin economies? In this webinar, Professor Dean Yang presented new research on the long-run equilibrium effects of migrant income shocks on global income in Philippine provinces.

Positive shocks to migrant income magnify over time as education levels rise, migration increases, and migrants enter higher-skilled, higher-wage jobs. Higher migrant income also causes higher domestic income, primarily from household entrepreneurship. Domestic income gains account for 75% of global income gains. Education investments explain, respectively, 42% and 18% of migrant and domestic income gains.

Read the full paper here.

Speaker

Dean Yang is a Professor in the Department of Economics and the Ford School of Public Policy at the University of Michigan. His research agenda spans a range of applied microeconomic topics, including international migration, microfinance, health, disasters, trade, religion, and political economy.

This webinar was free and open to the public. It was recorded, and the recording will be made available soon through the Development Policy Centre website.

Updated:  25 November 2020/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team