Economic Aspects of International Migration

The papers in this volume cover the subject of international migration. The three papers in the first part deal with general aspects. The first paper discusses the influence of migration on world development (Hatton and Williamson), the second models the patterns of labor migration when workers differ in their skills and information is asymmetric (Stark), and the third explores the economics of international labor and capital flows (Grubel). The second part focuses on experiences in the United States and contains four papers. These papers discuss the performance of immigrants in the U.S. labor market (Chiswick), the influence of immigrants on entrepreneurship in the nineteenth-century U.S. (Ferrie and Mokyr), ethnic identity, assimilation of immigrants, and the intergenerational transmission of immigrants' skills (Borjas), and the labor market consequences of U.S. immigration (Greenwood and McDowell). The three papers in the final part discuss lessons for Europe's migration policies. The first paper asks whether immigration policy can help to stabilize social security systems (Felderer), the second explores the economic consequences of immigration and the resulting lessons for immigration policies (Simon), and the third reviews the conference's papers in the light of recent European developments (Zimmermann).