@TechReport{iza:izadps:dp13083,
            	author={Bertoli, Simone and Moraga, Jesús Fernández-Huertas and Guichard, Lucas},
            	title={Rational Inattention and Migration Decisions},
            	year={2020},
	month={Mar},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={13083},
            	url={https://www.iza.org/publications/dp13083},
	abstract={Acquiring information about destinations can be costly for migrants. We model information frictions in the rational inattention framework and obtain a closed-form expression for a migration gravity equation that we bring to the data. The model predicts that ows from countries with a higher cost of information or stronger priors are less responsive to variations in economic conditions at destination, as migrants rationally get less information before deciding where to move. The econometric analysis reveals systematic heterogeneity in the pro-cyclical behavior of migration flows across origins that is consistent with the existence of information frictions.},
	keywords={international migration;information;rational inattention;gravity equation},
            }