Marjit, Sugata; Kar, Saibal; Hazari, Bharat R. - In: The North American Journal of Economics and Finance 24 (2013) C, pp. 298-305
In this paper we examine the consequences of skilled versus unskilled labor migration on the welfare of remaining residents (RR) in an economy characterized by unemployment of unskilled labor. It is established that emigration of unskilled workers necessarily raises both the level of employment...