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- handle: 10670/1.49nxwx
- hal: hal-02902862
- doi: 10.1016/j.jinteco.2020.103364
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.jinteco.2020.103364
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Mots-clés
gravity equation JEL codes: F22 D81 D83 international migration information rational inattentionSujets proches
Migrant farm workers Agricultural migrants Migrants Migrant agricultural workers Foreign-born population Foreign population Emigrants Foreigners Migrants Earth (Planet)--Gravity Pattern ModelCiter ce document
Simone Bertoli et al., « Rational inattention and migration decisions », HAL-SHS : économie et finance, ID : 10.1016/j.jinteco.2020.103364
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Résumé
Acquiring information about destinations can be costly for migrants. We model information frictions in the rational inattention framework and obtain a closed-form expression for a migration gravity equation that we bring to the data. The model predicts that flows from countries with a higher cost of information or stronger priors are less responsive to variations in economic conditions in the various destinations, as migrants rationally get less information before deciding where to move. The economet-ric analysis reveals systematic heterogeneity in the pro-cyclical behavior of migration flows across origins that is consistent with the existence of information frictions.