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The flourishing of IT-sector and IT-enabled services has led to emergence of different activities by leaps and bounds thanks to proliferation of Virtual plattorm-based transactions, and E-commerce. However, massive layoffs started in 2022, as all tech giants encountered revenue declines amidst...
Persistent link: https://www.econbiz.de/10014430302
The flourishing of IT-sector and IT-enabled services has led to emergence of different activities by leaps and bounds thanks to proliferation of Virtual plaform-based transactions, and E- commerce. However, massive layoffs started in 2022, as all tech giants encountered revenue declines amidst...
Persistent link: https://www.econbiz.de/10014383292
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Emigration leads to finite changes in structure of production and sectors vanish because they cannot pay higher wages. Does emigration of one type of labour hurt the other non-emigrating type in this set up? We demonstrate various scenarios when real income of the emigrating and the...
Persistent link: https://www.econbiz.de/10013154948
This paper provides a detailed survey on the literature on trade and migration. We discuss several aspects on international mobility of labor with heterogeneous skill types and relate that to the movement of goods and services between nations, as also the issue of welfare and capital formation...
Persistent link: https://www.econbiz.de/10012773001