Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7358954 | Journal of Economic Dynamics and Control | 2017 | 31 Pages |
Abstract
I analyze the links between talent migration and cross-country inequality by exploiting the 1995 elimination of mobility restrictions on the European football labor market. I develop a simple model and employ an empirical dataset to estimate its parameters. Through simulation analysis, I compare actual data with a counterfactual no-mobility restriction trajectory, and conclude that the elimination of mobility barriers increases not only cross-country inequality by 25%, but also global output in the football economy by stimulating the production of new talent in Africa, Latin and Central America.
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Chrysovalantis Vasilakis,