This paper analyzes the impact of the skill composition of migration flows on the host country’s labor market in a specific factors two-sector model with heterogeneous labor (low-, medium-, and highly-skilled) and price- and wage-setting behavior. The low- and medium-skilled labor markets are...

This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a specific-factors-two-sector model with heterogeneous labour (low, medium, and high skill) and price- and wage-setting behaviour. The low- and medium-skilled labour markets are...

The full employment framework and its demise -- Full employment: changing views and policies -- Early views on unemployment and the phillips curve -- The Phillips curve and shifting views on unemployment -- The troublesome NAIRU/The hoax that undermined full employment -- The shift to full...