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This paper provides a novel explanation of "educated unemployment," which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that "educated unemployment" is caused by the perspective of international migration, that is, by the...
Persistent link: https://www.econbiz.de/10003358419
Persistent link: https://www.econbiz.de/10003417312
A framework that yields different possible patterns of migration as optimal solution to a simple utility maximization problem is presented and explored. It is shown that seasonal migration arises as an optimal endogenous response to a comparison of costs (of living and of separation) and returns...
Persistent link: https://www.econbiz.de/10003484944
Persistent link: https://www.econbiz.de/10003404806
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
This paper develops a model of voluntary migration into degrading work. The essence of the model is a tension between two "bads" that which arises from being relatively deprived at home, and that which arises from engaging in humiliating work away from home. Balancing between these two "bads"...
Persistent link: https://www.econbiz.de/10009007635
Persistent link: https://www.econbiz.de/10009242362
Persistent link: https://www.econbiz.de/10009244050
A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". In a general equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between two identical economies. Migration increases the...
Persistent link: https://www.econbiz.de/10009733804
This paper provides a novel explanation of “educated unemployment,” which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that “educated unemployment” is caused by the perspective of international migration, that is,...
Persistent link: https://www.econbiz.de/10003737403