Rise in international trade and capital flows has caused an increasing economic integration. Due to these types of developments there’s been a worldwide homogenising effect upon many customs, practices and institutions. In business life it led amongst other things to a wish
The paper studies childhood migrants and examines how age at migration affects their ensuing integration at the residential market, the labor market, and the marriage market. We use population-wide Swedish data and compare outcomes as adults among siblings arriving at different ages
A rapid process of income convergence or catch-up of per capita income occurred in the industrialized group of countries in the post-war years. The process was limited to the rich group of nations, to a “convergence” club, and developing countries did not