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workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort … but also from comparing his earnings with those of the high-productivity worker, his response to the sensing of relative …
Persistent link: https://www.econbiz.de/10008990892
A country that experiences a shortage of workers with particular skills naturally considers two responses: import … skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives … their skills, and use the revenue from the fee to subsidize the acquisition of the required skills by the natives. We …
Persistent link: https://www.econbiz.de/10011929244
A country that experiences a shortage of workers with particular skills naturally considers two responses: import … skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives … their skills, and use the revenue from the fee to subsidize the acquisition of the required skills by the natives. We …
Persistent link: https://www.econbiz.de/10011931033
A country that experiences a shortage of workers with particular skills naturally considers two responses: import … skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives … their skills, and use the revenue from the fee to subsidize the acquisition of the required skills by the natives. We …
Persistent link: https://www.econbiz.de/10014109904
of incentives: Higher returns to skills in the foreign country influence decisions about skill acquisition at home. We … combine the changing opportunities - changing incentive structure idea with an assumption concerning the information …
Persistent link: https://www.econbiz.de/10010291755
Interest in the effects of labor migration on the receiving economy has not produced ample insights regarding its long-run consequences. Important as it may be, the impact on wages and employment, especially on groups whose labor market characteristics are similar to those of migrants, could be...
Persistent link: https://www.econbiz.de/10012436477
group attributes ratber than on individual abilities and skills. lt is postulated that characteristics of the market … environment and trade technology, rather than returns to traditional characteristics of human capital, play a role in explaining …
Persistent link: https://www.econbiz.de/10012439329
's information structure. Consequently, foreign-country employers are not as well informed about home-country workers as are home … and individual merits of migrant workers. For these reasons, the skills of migrant workers cannot be easily discerned, and … that migration is inherently associated with a heterogeneous information structure (as opposed to the homogeneous …
Persistent link: https://www.econbiz.de/10012503514
of incentives: Higher returns to skills in the foreign country influence decisions about skill acquisition at home. We … combine the changing opportunities - changing incentive structure idea with an assumption concerning the information …
Persistent link: https://www.econbiz.de/10005764174
Persistent link: https://www.econbiz.de/10000988804