If ∂ 2 c ~ 2 ∂ r 2 ≤ 0, then depending on migration prospects and host-country relative risk θ h, three types of remittance-saving portfolios are possible: .
Depending on company prospects and the capital structure of individual issues, they typically yield between 11% and 15% to first call, that is, 100 to 500 basis points more than double-A telecom issues.
The prospects for jobs, then, depend on the prospects for investment.Mr Singh weathered the diamond-industry downturns of 1987, 1992 and 1999.
The pressure of capital flows will depend on the prospects for rich economies, particularly America's, as well as the actions of the Fed.
aAnother approach used by a number of scholars considers an "option value" that depends on the prospects of life conditions improving in the future [10-12] [10-12]
However, the plausibility of these accounts of causation depends on their prospects for distinguishing bona-fide causal relations from those that are clearly epiphenomenal, and some have expressed skepticism about whether they can do the job, among them Crane 1995, Kim 2007, Jackson 1995, Ludwig 1998, and McLaughlin 2006, forthcoming.
Results present strong evidence of heterogeneous effects of income gains on migration prospects depending on distance.
Second, it presents evidence on the existence of heterogeneous effects of income gains on migration prospects depending on distance.
Empirically, I test for the existence of non-linear effects of income gains on migration prospects depending on distance.
Hence, these compensating wage differentials would also introduce a heterogeneous effect of income gains on moving prospects depending on distance, which would make migration more reactive to income at closer distances.
However, depending on the migrant's wage prospects, one of these two first order conditions may not hold with equality, leading to a corner solution in either r or s.
