Arbeitspapier

Rational Inattention and Migration Decisions

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 ows from countries with a higher cost of information or stronger priors are less responsive to variations in economic conditions at destination, as migrants rationally get less information before deciding where to move. The econometric analysis reveals systematic heterogeneity in the pro-cyclical behavior of migration flows across origins that is consistent with the existence of information frictions.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13083

Klassifikation
Wirtschaft
International Migration
Criteria for Decision-Making under Risk and Uncertainty
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Thema
rational inattention
information
international migration
gravity equation

Ereignis
Geistige Schöpfung
(wer)
Bertoli, Simone
Fernández-Huertas Moraga, Jesús
Guichard, Lucas
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bertoli, Simone
  • Fernández-Huertas Moraga, Jesús
  • Guichard, Lucas
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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