This multi-faceted study address a variety of topics. It first develops a formal model of why interregional wage differentials may not elicit interregional migration. Then it provides empirical support for the model. The study develops a formal model general theory of migration. It demonstrates...

The issue of illegal aliens has received considerable attention in recent years. Concern over the problem of illegal aliens has promulgated an array of efforts by the federal government to examine and revise immigration statutes and practices. Indeed, much debate has arisen over the possibility...

This theoretical analysis develops a model for analyzing public policy in interdependent economies. The model allows for feed-backs between the commodity, money, and labor markets in all of the economic systems. Regionally oriented monetary policies are fully analyzed, as are regional oriented...

In this paper, we consider a simple model that integrates the component of the social network as a research method of workers as well as a method of recruitment policy by firms. Indeed, taking into account the social sphere is fundamental to understand the labor market dynamic in developing...

This paper highlights formally the interaction existing between the quality of institutional governance, the education sector and economic growth. More fundamentally, we show how the quality of institutional governance matters in giving directly the appropriate incentives for human capital...

An optimizing representative firm pays efficiency wages to skilled workers to produce technological innovations, which are assumed to be of labor saving type, affecting negatively the hiring rate of unskilled workers. The results are: i) The efficiency wage of skilled workers is determined by...