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The short- and longer-term regional consequences of migration for European aggregate supply are examined in a simple … with free migration is always associated with an efficiency loss and might lead to the `Mezzogiorno syndrome' in the East. …
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is on the wage pressure that the threat of migration from East to West is likely to impose. The paper adopts a Ramsey … the East. All these effects are reduced by the migration-induced wage pressure as less capital is accumulated in the East …
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amphasis of the rile of migration and labor mobility in this process. The effects of congestion costs, rigid wages, human …
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