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This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law", which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009384652
This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law," which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009388245
We ask which migration policy a developed country will choose when its objective is to attain the optimal skill composition of the country's workforce, and when the policy menu consists of an entry fee and a quota. We compare these two policies under the assumptions that individuals are...
Persistent link: https://www.econbiz.de/10011665686
Persistent link: https://www.econbiz.de/10012033837
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
Persistent link: https://www.econbiz.de/10011792723
We ask which migration policy a developed country will choose when its objective is to attain the optimal skill composition of the country's workforce, and when the policy menu consists of an entry fee and a quota. We compare these two policies under the assumptions that individuals are...
Persistent link: https://www.econbiz.de/10011770608
Persistent link: https://www.econbiz.de/10003931182
Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". A closed-economy general equilibrium model that incorporates occupational status and examines the interaction between the...
Persistent link: https://www.econbiz.de/10003944851