Migration and market wage risk

The author presents an approach to the analysis of labor migration that incorporates the role of market wage variability as a source of information in individual migration decisions. "The focus...is on quantifying the effects of the origin market acting through amenities and the share of market-specific wage variability as it affects forecasts of alternative wages and forecast precision. A subsample of employed males...from the [U.S.] National Longitudinal Survey of Youth (NLS) age 16 to 22 years is used for estimation. The empirical results are consistent with the theoretically predicted relationship between migration propensities and regional differences in the information content of wages. In addition, the results provide evidence that risk aversion deters migration given uncertainty, measured by forecast precision, about alternative market wage levels."     

Improving land readjustment practice. Application of management models to Portugal

Whilst the advantages of the application of Land Readjustment (LR) are well known, there are nevertheless numerous countries in which application of LR is difficult or has not been successful. In its analysis of land readjustment constraints, conditions and the international practice, this paper contributes to improving the implementation of an LR system, particularly with respect to the management process. At the international level, management models in seven countries were studied: Australia, France, Germany, Japan, South Korea, Spain and Sweden. In Portugal, three case studies in the municipalities of Almada, Coimbra and Lisbon were selected, with semi-structured interviews being conducted with the respective managing entities. The management models are distinguished by the type of initiative and leadership processes, relations among stakeholders, managing entities and operating rules. It can be concluded that the role of the public authority as the process facilitator from the very initial stages, the existence of a managing entity and a board of specialists, and the legal conditions governing expropriation are key factors for the improvement of land readjustment management.