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demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show …
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Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills. The model predicts both segmented sorting of migrants to...
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workers are affected the most, how employment and wages adjust to increased services trade, and the impact of policy settings … quantitatively small. Looking at the distributional impact, there is mixed evidence for a skill bias in wages related to increased … exert downward pressure on the wages of women compared to the ones of men. …
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