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The balassa-samuelson hypothesis and elderly migration

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dc.creatorZuleta, Hernando
dc.creatorÁvila Montealegre, Oscar Iván
dc.creatorRodríguez Acosta, Mauricio Andrés
dc.date.accessioned2015-09-30T19:49:55Z
dc.date.available2015-09-30T19:49:55Z
dc.date.created2009-01
dc.date.issued2009
dc.description.abstractWe 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.eng
dc.format.extent30 páginasspa
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.doihttps://doi.org/10.48713/10336_10942
dc.identifier.editorialUniversidad del Rosario, Facultad de Economíaspa
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10942
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationIssueNo. 59
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.ispartofSerie Documentos de trabajo ; No. 59spa
dc.relation.isversionof1spa
dc.relation.urihttps://ideas.repec.org/p/col/000092/005267.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcMacroeconomía & temas relacionados
dc.subject.keywordTradable and non-tradableeng
dc.subject.keywordOverlapping generationseng
dc.subject.keywordBalassa-Samuelsoneng
dc.subject.keywordElderly migrationeng
dc.subject.lembPreciosspa
dc.subject.lembComercio exteriorspa
dc.subject.lembÍndice de preciosspa
dc.titleThe balassa-samuelson hypothesis and elderly migrationspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.type.spaDocumento de trabajospa
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