Migration, information and the costs and benefits of signalling

Eliakim Katz, Oded Stark

Research output: Contribution to journalArticlepeer-review

Abstract

The effects of informational asymmetry on the level and skill composition of international migration and on the level of output are examined, first, in the absence of signalling and, second, when a signalling device is available. Using total output as a criterion we find, inter alia, that signalling may not perfectly compensate for informational asymmetry and that reduction in the costs of signalling may not raise output.

Original languageEnglish
Pages (from-to)323-331
Number of pages9
JournalRegional Science and Urban Economics
Volume17
Issue number3
DOIs
StatePublished - Aug 1987
Externally publishedYes

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