For questions 7- 10: Suppose a worker's skill-is captured by his efficiency units of labor (s). The distribution of efficiency. units in the population is such that worker i has efficiency unit 2i. There are 100 workers in the population. In deciding whether to migrate to the Utopia, these workers compare their weekly earnings at home (wo) with their potential earnings in the Utopia (wi). The wage-skills relationship in each of the two countries is given by: wo=200+s and wi=260+0.5se 7. For worker with rank:50, his/her skill-is- A. 10 unitse C. 100 units B. 20 unitse D. 200 unitse 8. If there is no migration cost, at most, A. 60; positively selectede C. 40; positively selectede workers will migrate to Utopia. The immigrant flow is B. 60; negatively selectede D. 40; negatively selected 9. For this question only, "suppose it-costs $10-to migrate. At most, flow is: A. 40; negatively selectede C. 50; negatively selectede workers will-migrate to Utopia. The immigrant- B. 40; positively selectede D. 50; positively selected

When workers move from one industry to another in response to demand changes, this is an example of Multiple Choice O factor mobility. the decreasing investment in human capital. capital stock. factor quality.

Suppose two households earn $50,000 and $84,000 respectively. What is the expected percent difference in wages between the children, grandchildren, and great-grandchildren of the two households if the intergenerational correlation of earnings is 0.4?  Show your work. Children:  __________________ Grandchildren:  __________________ Great-grandchildren:   __________________

oaxaca decomposition   Suppose that, on average, men earn $20 an hour and have an average of 15 years of schooling. Women earn $15 an hour and have an average of 14 years of schooling. If the estimated return to schooling for men is 0.30 (implying that each additional year of schooling translates into an additional 30 cents per hour), then the gender gap in schooling explains:   20% of the wage gap between men and women   More than 100% of the wage gap between men and women   15% of the wage gap between men and women   None of the wage gap between men and women   6% of the wage gap between men and women

In 2006, Evo Morales assumed the presidency in Bolivia, a South American country in which official commerce is done in Spanish. Morales was the first Bolivian president of indigenous decent. As president, he quickly instituted reforms that were designed to reduce discrimination against indigenous populations with the aim of eventually reducing inequality. Suppose discrimination before Morales took two forms: discrimination in education by not providing state funds to educate all children (and particularly not educating indigenous children in Spanish) and discrimination in the job market by firms not willing to hire indigenous workers.a. In terms of education, which policy do you think would be more successful at combating discrimination and inequality: (1) providing state funds to educate all people exclusively in their native languages or (2) providing state funds for a public education system that requires all people to learn Spanish, as well as a second, indigenous language? Why?b.…

The following data give the hourly wage rates (Rands) for a sample of 20 workers selected from a largecompany.12.50 9.45 13.85 7.25 8.70 14.60 11.75 14.50 10.80 12.457.50 15.90 9.75 11.50 13.30 6.25 15.50 12.80 5.35 9.50 (vi) Draw an OGIVE curve corresponding to the data and use it to estimate the median.

Explain in detail factor price equalisation. Discuss reasons why the factor price equalisationproposition may be unlikely to hold when we compare factor prices across economies.

Consider Special City that manufactures light fixtures that are sold around the world. Draw their base case Labor Market graph. Now assume there is a national shortage of glass that Special City manufacturers use to create their light fixtures. Show what would be the effect on your Labor Market graph. Lastly, assume the manufacturers change their manufacturing process to use less glass but inadvertently create a very noticeable increase in the smog levels that makes it hard to breathe. Show another variation to reflect the change in your labor market graph, be sure to indicate the effects of the changes on for each of these market changes or combine the graphs, just be sure the changes and new equilibria are legible:

Considering YM = 40, 000 and YF = 28, 000, YM and YF are average earnings for males and females   respectively. The following are estimated simple human capital earning functions: ln YM = 9.2 + 0.1SM, SM =   14; ln YF = 9.4 + 0.07SF; SF = 12; SM and SF are average school years for male and female respectively.   a   What is female and male wage ratio in logarithms?   I know the correct is 0.36. Please shows the caculation

Laura McBride, First Nations Director, and Curator for the Australian Museum stated that, "until historic inequities are addressed, the gap between Indigenous peoples and non-indigenous Australians will only continue to widen". Consequently, the inability of indigenous Australians to fully participate in decision-making and have unencumbered access to the economic and cultural wealth they hold, disproportionately exposes them to complex disadvantage. Critically discuss this viewpoint by answering the following questions: a) Assess and explain the current status of participation of indigenous Australians in the economy. To what extent has the Commonwealth (federal) government supported job creation, and encouraged the translation of First Nations people's knowledges, assets, interests and rights into tangible, economic benefits for their communities? b) The Commonwealth (federal) government has traditionally focused on creating training and employment pathways for First Nations people,…