Article ID Journal Published Year Pages File Type
974029 The North American Journal of Economics and Finance 2013 8 Pages PDF
Abstract

In this paper we examine the consequences of skilled versus unskilled labor migration on the welfare of remaining residents (RR) in an economy characterized by unemployment of unskilled labor. It is established that emigration of unskilled workers necessarily raises both the level of employment and the welfare of RR. However, this result need not hold when skilled workers emigrate freely. In obtaining these results we emphasize the critical significance of the non-traded sector in an economy.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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