Ruhr Economic Papers
Ruhr Economic Papers #471
Computational Economic Modeling of Migration
by Anna Klabunde
RUB, 02/2014, 54 S./p., 8 Euro, ISBN 978-3-86788-531-7 DOI: 10.4419/86788531download
In this paper an agent-based model of endogenously evolving migrant networks is developed to identify the determinants of migration and return decisions. Individuals are connected by links, the strength of which declines over time and distance. Methodologically, this paper combines parameterization using data from the Mexican Migration Project with calibration. It is shown that expected earnings, an idiosyncratic home bias, network ties to other migrants, strength of links to the home country and age have a significant impact on circular migration patterns. The model can reproduce spatial patterns of migration as well as the distribution of number of trips of migrants. It is shown how it can also be used for computational experiments and policy analysis.
JEL-Classification: C63, F22, J61
Keywords: Circular migration; social networks; agent-based computational economics