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migrant numbers and wages to gross domestic product shocks in destination countries. They find a large significant elasticity … with binding minimum wages for migrant labor. This result implies that labor market imperfections that make international … minimum wage change for maids confirms that minimum wages bind and demand is price sensitive without these distortions …
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Millions of people emigrate every year in search of better economic and social opportunities. Anecdotal evidence suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive migration pressure, and in disappointment among those who...
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Most developed countries have foreign aid programs that aim to alleviate poverty and foster economic growth in less developed countries, but with very limited success. A large body of evidence indicates that the root of the economic development problem is cross-country differences in the...
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