Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159132
Authors: 
Basevi, Giorgio
Tarozzi, Alessandro
Year of Publication: 
1997
Series/Report no.: 
Quaderni - Working Paper DSE 289
Abstract: 
In this paper we consider an overlapping generation model in which people, born in two different countries, decide where to spend their working period of life, and where to retire after it. The two countries differ in technology and quality of life. The "northern" country, N, is more productive, while in the "southern" country, S, people enjoy a better quality of life. Locational preferences are influenced not only by "objective" criteria –like climate, pollution, congestion–, but also by "cultural" factors. Thus we assume that people prefer to live in their country of origin.It will be shown that, under plausible assumptions, locational decisions cause migration from S to N, but the importance of this phenomenon depends on how locational preferences are made endogenous. In Section 2 we describe the production side of our model, and in Section 3 its consumption side. We then examine the influence of locational preferences that are taken as exogenous, in Section 4, and made endogenous, at least for their subjective component, in Section 5.
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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