Under the assumption of full employment, we probed the impact of labor emigration on wages, employment, and production … Decomposition (FEVD) to capture the response of wages, employment, and production in the capital- and labor-intensive sectors on …

, wages and workforce composition. Jointly estimating production functions and firm- level wage bill equations, we compare … differences and/or effort which is largely reflected in higher wages. Conversely, migrants that are not on skilled visas are … associated with lower output and lower wages than moderately-skilled NZ-born, also consistent with a skills/effort narrative. The …

This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …