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In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10013112767
migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution … conditional on migration gains, less risk averse individuals are more likely to migrate; (ii) that within households, the least … results not only provide evidence that migration decisions are taken on a household level but also that the distribution of …
Persistent link: https://www.econbiz.de/10012960287
The H-1B program allows firms in the United States to temporarily hire high-skilled foreign citizens. H-1B workers are highly concentrated among a small number of firms. We develop a theoretical model demonstrating that this phenomenon is an artifact of policy design: When the government...
Persistent link: https://www.econbiz.de/10013314927
evaluate the mechanisms that affect the evolution of immigrants' careers in conjunction with their re-migration plans. Our … analysis highlights a novel form of selective return migration where those who plan to stay longer invest more into skill …. Finally, our model provides important insight for the design of migration policies, showing that policies which initially …
Persistent link: https://www.econbiz.de/10014088604