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We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation for the job offered by firms in the labor market. We first show that, when workers are motivated, inefficiencies due to adverse selection are mitigated. More interestingly,...
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, immigration has no effect on the wages of both natives and migrant workers with comparable skills for the period 2011 to 2019. The …, economic and social reasons. This paper is the first to disentangle the impact of migration on wages for native Costa Rican … from the impact for already settled migrants. We analyze the effect of migration on wages within cells of education …
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positive outside it. Job-specific estimates of this kind are useful alongside more generalized evaluations of immigration … because immigration policy often regulates access to specific occupations. …
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appears negative. These contradictory findings suggest that the impact of immigration on native wages varies significantly … from the O*NET skill taxonomy, we create more homogeneous skill groups, enabling a precise analysis of immigration's impact … between native wages and immigrant shares. In contrast, when groups are based on education-experience, the relationship …
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