Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
974029 | The North American Journal of Economics and Finance | 2013 | 8 Pages |
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
Authors
Sugata Marjit, Saibal Kar, Bharat R. Hazari,