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How many immigrants with less than university education, for a given immigration quota, maximise economic output? The answer is zero in the canonical model of the labour market, where the marginal product of a university-educated immigrant is always higher. We build an alternative model in which...
Persistent link: https://www.econbiz.de/10012698640
global inefficiencies in the pure spatial allocation of labor between poorer and richer countries. But rigorous estimates are … labor by a factor of four, implying large spatial inefficiency. Short-term effects on households were modest. Effects on …
Persistent link: https://www.econbiz.de/10011974366
We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014391202
A rich economic literature has examined the human capital impacts of disease-eliminating health interventions, such as the rollout of new vaccines. This literature is based on reduced-form approaches which exploit proxies for disease burden, such as mortality, instead of actual infection counts,...
Persistent link: https://www.econbiz.de/10013275399