Patterns of Labor Migration when Workers Differ in Their Skills and Information Is Asymmetric

One of the least satisfactory features of modern labor migration theories is their capacity to predict only a small subset of empirical regularities. Since a large number of migration-related phenomena must be causally related, the challenge to students of migration is to develop a body of theory that predicts a corpus of stylized facts rather than provide an ad hoc analytical rationale for an isolated observation. It is the purpose of this paper to outline an implementation of the theory of labor migration under asymmetric information that offers a rich and integrated set of predictions.