The balassa-samuelson hypothesis and elderly migration
We present an Overlapping Generations Model with two final goods: tradable goods are produced with a standard Cobb-Douglas production function and non-tradable goods are produced with linear production function where the only factor is labor. We maintain the fundamental assumption of factor mobility...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2009
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- spa
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/10942
- Acceso en línea:
- https://doi.org/10.48713/10336_10942
http://repository.urosario.edu.co/handle/10336/10942
- Palabra clave:
- Macroeconomía & temas relacionados
Tradable and non-tradable
Overlapping generations
Balassa-Samuelson
Elderly migration
Precios
Comercio exterior
Índice de precios
- Rights
- License
- http://purl.org/coar/access_right/c_abf2
id |
EDOCUR2_aa5b28afd4fe320c715aa99079914e11 |
---|---|
oai_identifier_str |
oai:repository.urosario.edu.co:10336/10942 |
network_acronym_str |
EDOCUR2 |
network_name_str |
Repositorio EdocUR - U. Rosario |
repository_id_str |
|
spelling |
The balassa-samuelson hypothesis and elderly migrationMacroeconomía & temas relacionadosTradable and non-tradableOverlapping generationsBalassa-SamuelsonElderly migrationPreciosComercio exteriorÍndice de preciosWe present an Overlapping Generations Model with two final goods: tradable goods are produced with a standard Cobb-Douglas production function and non-tradable goods are produced with linear production function where the only factor is labor. We maintain the fundamental assumption of factor mobility between sectors so model is consistent with the Balassa-Samuelson hypothesis. Given the general equilibrium structure of our model we can examine the effect of the saving rate on migration and non-tradable relative prices. Under this setting, we find that the elderly have incentives to migrate from economies where productivity is high to economies with low productivity because of the lower cost of living. In more general terms the elderly migration is likely to go from rich to poor countries. We also find that, for poor countries, the elderly migration has a positive effect in wages and capital accumulation.Universidad del RosarioFacultad de Economía2009-012015-09-30T19:49:55Zinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_804230 páginasRecurso electrónicoapplication/pdfDocumentohttps://doi.org/10.48713/10336_10942 Universidad del Rosario, Facultad de Economíahttp://repository.urosario.edu.co/handle/10336/10942instname:Universidad del Rosarioinstname:Universidad del Rosarioreponame:Repositorio Institucional EdocURspahttps://ideas.repec.org/p/col/000092/005267.htmlhttp://purl.org/coar/access_right/c_abf2Zuleta, HernandoÁvila Montealegre, Oscar IvánRodríguez Acosta, Mauricio Andrésoai:repository.urosario.edu.co:10336/109422021-10-12T21:38:58Z |
dc.title.none.fl_str_mv |
The balassa-samuelson hypothesis and elderly migration |
title |
The balassa-samuelson hypothesis and elderly migration |
spellingShingle |
The balassa-samuelson hypothesis and elderly migration Macroeconomía & temas relacionados Tradable and non-tradable Overlapping generations Balassa-Samuelson Elderly migration Precios Comercio exterior Índice de precios |
title_short |
The balassa-samuelson hypothesis and elderly migration |
title_full |
The balassa-samuelson hypothesis and elderly migration |
title_fullStr |
The balassa-samuelson hypothesis and elderly migration |
title_full_unstemmed |
The balassa-samuelson hypothesis and elderly migration |
title_sort |
The balassa-samuelson hypothesis and elderly migration |
dc.subject.none.fl_str_mv |
Macroeconomía & temas relacionados Tradable and non-tradable Overlapping generations Balassa-Samuelson Elderly migration Precios Comercio exterior Índice de precios |
topic |
Macroeconomía & temas relacionados Tradable and non-tradable Overlapping generations Balassa-Samuelson Elderly migration Precios Comercio exterior Índice de precios |
description |
We present an Overlapping Generations Model with two final goods: tradable goods are produced with a standard Cobb-Douglas production function and non-tradable goods are produced with linear production function where the only factor is labor. We maintain the fundamental assumption of factor mobility between sectors so model is consistent with the Balassa-Samuelson hypothesis. Given the general equilibrium structure of our model we can examine the effect of the saving rate on migration and non-tradable relative prices. Under this setting, we find that the elderly have incentives to migrate from economies where productivity is high to economies with low productivity because of the lower cost of living. In more general terms the elderly migration is likely to go from rich to poor countries. We also find that, for poor countries, the elderly migration has a positive effect in wages and capital accumulation. |
publishDate |
2009 |
dc.date.none.fl_str_mv |
2009-01 2015-09-30T19:49:55Z |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/workingPaper |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_8042 |
dc.identifier.none.fl_str_mv |
https://doi.org/10.48713/10336_10942 Universidad del Rosario, Facultad de Economía http://repository.urosario.edu.co/handle/10336/10942 |
url |
https://doi.org/10.48713/10336_10942 http://repository.urosario.edu.co/handle/10336/10942 |
identifier_str_mv |
Universidad del Rosario, Facultad de Economía |
dc.language.none.fl_str_mv |
spa |
language |
spa |
dc.relation.none.fl_str_mv |
https://ideas.repec.org/p/col/000092/005267.html |
dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
rights_invalid_str_mv |
http://purl.org/coar/access_right/c_abf2 |
dc.format.none.fl_str_mv |
30 páginas Recurso electrónico application/pdf Documento |
dc.publisher.none.fl_str_mv |
Universidad del Rosario Facultad de Economía |
publisher.none.fl_str_mv |
Universidad del Rosario Facultad de Economía |
dc.source.none.fl_str_mv |
instname:Universidad del Rosario instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR |
instname_str |
Universidad del Rosario |
institution |
Universidad del Rosario |
reponame_str |
Repositorio Institucional EdocUR |
collection |
Repositorio Institucional EdocUR |
repository.name.fl_str_mv |
|
repository.mail.fl_str_mv |
|
_version_ |
1803710511341109248 |