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"Variação compensatória" e jovens emigrantes portugueses
Manuel Maria Zuzarte Reis Piedade apresentou, em maio de 2014, uma dissertação de mestrado em Economia, na Universidade Nova (Nova School of Business and Economics), sobre "Variação compensatória" e jovens emigrantes. +

Título  Compensating variation and the young Portuguese emigrants: A study on how to keep our own
Autor  Manuel Maria Zuzarte Reis Piedade
Orientador Pedro Pita Barros
Data  maio de 2014
Institutição Universidade Nova
Área  Masters Degree in Economics from the Nova School of Business and Economics

Abstract  “Emigration has been a very present word in Portugal. Due to the effects of the Economic Crisis and the Memorandum of Understanding policies, we have witnessed a significant yearly migration outflow of people searching for better conditions. This study aims to measure the factors affecting this flow as well as how much the probability of emigrating has evolved during the years bridging 2006 to 2012. I shall consider the decision of emigrating as Discrete Choice Random Utility maximization use a conditional Logit framework to model the probability choice for 31 OECD countries of destination. Moreover I will ascertain the compensating variation required such that the probability of choice in 2012 is adjusted back to 2007 values, keeping all other variables constant. I replicate this exercise using the unemployment rate instead of income. The most likely country of destination is Luxembourg throughout the years analyzed and the values obtained for the CV is of circa 1.700€ in terms of Income per capita and -11% in terms of the unemployment rate adjustment.”

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