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We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation for the job offered by firms in the labor market. We first show that, when workers are motivated, inefficiencies due to adverse selection are mitigated. More interestingly,...
Persistent link: https://www.econbiz.de/10011730993
, immigration has no effect on the wages of both natives and migrant workers with comparable skills for the period 2011 to 2019. The …, economic and social reasons. This paper is the first to disentangle the impact of migration on wages for native Costa Rican … from the impact for already settled migrants. We analyze the effect of migration on wages within cells of education …
Persistent link: https://www.econbiz.de/10012311653
positive outside it. Job-specific estimates of this kind are useful alongside more generalized evaluations of immigration … because immigration policy often regulates access to specific occupations. …
Persistent link: https://www.econbiz.de/10011607330
appears negative. These contradictory findings suggest that the impact of immigration on native wages varies significantly … from the O*NET skill taxonomy, we create more homogeneous skill groups, enabling a precise analysis of immigration's impact … between native wages and immigrant shares. In contrast, when groups are based on education-experience, the relationship …
Persistent link: https://www.econbiz.de/10015053860
The impact of immigration on native workers' wages has been a topic of long-standing debate. This meta-analysis reviews … effect of immigration. The results confirm that immigration has a negligible effect on native wages. However, a more …
Persistent link: https://www.econbiz.de/10014458463
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to the wages of older workers and the structure of wages more generally as the population ages has potentially important … solution depends, in part, on the wage rates that older workers command in labor markets. If the wages of older workers fall as …
Persistent link: https://www.econbiz.de/10011662583
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