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 …

individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … effect on the productivity of the country's workforce. Under a quota: the migrants are (a) only averagely skilled managers if … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …

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 …

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 …

individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … effect on the productivity of the country’s workforce. Under a quota: the migrants are (a) only averagely skilled managers if … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …

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 …

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 …

'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 …