Wage effects of labor migration with international capital mobility
نویسنده
چکیده
This paper investigates short-run wage effects of immigration in a setting with international capital mobility. The latter eliminates two thirds of the native wage effects of immigration. Without international capital mobility, overall gains from migration in the immigration region are only a small fraction of total losses to native workers; with perfect international capital mobility overall gains are larger than total losses to native workers. Two alternative tax policies to eliminate the negative wage effects of low skilled native workers from immigration are evaluated.
منابع مشابه
Working Paper No. 75
Migration of labor in response to structural changes in the U.S. economy is explored. An empirical study of the migration decision and wage determination is used to evaluate: 1) whether unemployment plays a larger role in motivating the decision to migrate than spatial wage differences and 2) whether the population can be characterized as homogeneous regarding migration and wage determination. ...
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