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Compensating variation and the young Portuguese emigrants: a study on how to keep our own

dc.contributor.advisorBarros, Pedro Pita
dc.contributor.authorPiedade, Manuel Maria Zuzarte Reis
dc.date.accessioned2015-05-13T09:26:14Z
dc.date.available2015-05-13T09:26:14Z
dc.date.issued2014-05
dc.description.abstractEmigration has been a very present word in Portugal. Due to the effects of the Economic Crisis and the Memorandum of Understanding policies, we have witnessed a significant yearly migration outflow of people searching for better conditions. This study aims to measure the factors affecting this flow as well as how much the probability of emigrating has evolved during the years bridging 2006 to 2012. I shall consider the decision of emigrating as Discrete Choice Random Utility maximization use a conditional Logit framework to model the probability choice for 31 OECD countries of destination. Moreover I will ascertain the compensating variation required such that the probability of choice in 2012 is adjusted back to 2007 values, keeping all other variables constant. I replicate this exercise using the unemployment rate instead of income. The most likely country of destination is Luxembourg throughout the years analyzed and the values obtained for the CV is of circa 1.700€ in terms of Income per capita and -11% in terms of the unemployment rate adjustment.por
dc.description.sponsorshipNSBE - UNLpor
dc.identifier.tid201476940
dc.identifier.urihttp://hdl.handle.net/10362/14931
dc.language.isoengpor
dc.subjectEmigrationpor
dc.subjectCompensating variationpor
dc.subjectProbability of choicepor
dc.subjectLogitpor
dc.titleCompensating variation and the young Portuguese emigrants: a study on how to keep our ownpor
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typemasterThesispor
thesis.degree.disciplineMicroeconomicspor
thesis.degree.levelMasterspor
thesis.degree.nameA Work Project, presented as part of the requirements of the Award of the Masters Degree in Economics from the Nova School of Business and Economicspor

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