Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor … show that there are strong parallels between the relationship between capital and wages and existing results on the … intuitive conditions and simple examples where a greater capital stock leads to lower wages, because it triggers more automation …

migrants, those remaining in the sending areas, and people already living in the recipient locations. The topics vary widely … distinctions in culture between migrants, the families they left behind, and the local population in the migration destination. The … populations reaction to migrants, the political culture of the migrants and local population, links to the country-of-origin, and …

This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages …