## Abstract The paper presents a very simple model of migration, relying on three widely accepted points: first, labour productivity and wages in a country depend on the present average human capital; second, agents maximise their utility, so that migration decisions depend on the wage gap across e
✦ LIBER ✦
A simple model for credit migration and spread curves
✍ Scribed by Li Chen; Damir Filipović
- Publisher
- Springer-Verlag
- Year
- 2005
- Tongue
- English
- Weight
- 317 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0949-2984
No coin nor oath required. For personal study only.
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