International Migration, Capital Mobility and Transitional Dynamics.
International factor mobility implies that factor 'endowments' of the Central and East European Countries (CEECs) are not pre-determined in the long run. Due to factor complementarity, there is a circular relationship between emigration and foreign investment: capital inflows boost the wag...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CEPR
1993
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