title: Return and dynamics:  the path of labor migration when workers differ in their skills and information is asymmetric.
abstract: "An implementation of the theory of labor migration under asymmetric information shows that return migration arises from the reinstatement of informational symmetry which induces low-skill workers, who are no longer pooled with high-skill workers, to return.  When workers in an occupation constitute more than two skill levels, say four (without loss of generality), the following patterns emerge: Migration is sequential, that is, it proceeds in waves.  Each wave breaks into workers who return and workers who stay; within waves the returning migrants are the low-skill workers.  The average skill level of migrants is rising in the order of their wave."
mesh_terms: D003710:Demography; D004467:Economics; D004641:Emigration and Immigration; D006280:Health Workforce; D009790:Occupations; D011153:Population; D011157:Population Dynamics; D014171:Transients and Migrants
keywords: Demographic Factors; Economic Factors; Human Resources; International Migration; Labor Migration; Migration; Occupations; Population; Population Dynamics; Return Migration; World