Migration and diversity: Human versus social capital

Vlad Manole, Maurice Schiff

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This paper examines the welfare implications associated with different degrees of diversity or similarity between migrants and natives under both migration and trade. We argue that the formation and use of social capital depend on culture. We use a general equilibrium model of migration, human capital, and social capital and find that there are three equilibrium solutions. Welfare under any of the equilibrium solutions rises with the diversity in human capital and decreases with the diversity in social capital between migrants and natives.

Original languageEnglish (US)
Pages (from-to)281-294
Number of pages14
JournalReview of International Economics
Volume21
Issue number2
DOIs
StatePublished - May 2013

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Development

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