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migration has the opposite beneficial effects. Our model can explain two-way migration among similar countries, a pattern that … features prominently in migration data. …
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market to analyze the effects of trade and migration on welfare and inequality. Skill-type heterogeneity and partial …, and within-firm wage inequality. We identify novel effects of trade and migration. Trade enhances firms' monopsony power …. Integration of labor markets leads to two-way migration between symmetric countries. Migration enhances competitiveness on the …
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Major industrial and government restructurings have dominated employment reports in the New York-New Jersey region, leading to widespread pessimism about the region's job prospects. Nevertheless, for the past several years, the two states have managed to achieve modest job gains. In 1997,...
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The New York-New Jersey region's hard-earned recovery in employment is being overshadowed by ongoing job losses in certain sectors and the prospect of moderating growth in the United States as a whole. Fortunately, several positive trends are bolstering the region's employment picture. Strength...
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economics assumes wage differentials represent arbitrageable differences in utility, with implications 1) that migration should … be toward higher wage areas and 2) that migration flows will lead to convergence in wages over space. The more recent …
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