How the following factors influence the present value of net benefits of migration. i) Transportation costs b) If the elasticity of demand for type Z workers is -0.5, then an increase of wage rate from $45 to $55 will cause the quantity demanded to fall by _____ percent. c) What is the difference between geographic labour mobility and occupational labour mobility?

How the following factors influence the present value of net benefits of migration. i) Transportation costs b) If the elasticity of demand for type Z workers is -0.5, then an increase of wage rate from $45 to $55 will cause the quantity demanded to fall by _____ percent. c) What is the difference between geographic labour mobility and occupational labour mobility?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter14: Labor Markets And Income

Section: Chapter Questions

Problem 33RQ: What factors can explain the relatively small effect of low-skilled immigration on the wages of...

See similar textbooks

Similar questions

What factors can explain the relatively small effect of low-skilled immigration on the wages of low-skilled workers?
Show how workers who wish to maximize the present value of lifetime earnings calculate the net gains to migration, and discuss how this net gain depends on incomes in the states of origin and destination and on migration costs.
How the following factors influence the present value of net benefits of migration. i) Interest rate ii) Earnings from existing job iii)
A country with a strict immigration policy is now considering relaxing its policy to permit and encourage immigration in view of its growing aged population. How do the characteristics of immigrants influence the effects of immigration on the receiving country? What are the implications for the receiving country's government policy toward immigration?
The last three decades in the United States have been characterized by a very wide gap between the wages of those with more education and those with less. Suppose that workers eventually adjust to this gap by investing more in education, with the result that the wages of less skilled workers rise faster than those of the more-skilled (so that the wage gap between the two falls). How would a decline in the wage gap between the skilled and the unskilled affect immigration to the United States?
What are the effects of emigration on employment, wages, and social welfare if labor supply is not perfectly inelastic. How do the effects differ from where there is a perfectly inelastic labor supply?
How might immigration impact the market for labor in the home country? how does it affects the supply of labor, the demand for labor, and equilibrium wages in the home country?
QUESTION 5. The approach by Borjas (2003) on evaluating the effects on immigration ignores: (a) Cross-wage effects. (b) Real-wage effects. (c) Efficiency-wage effects. (d) Own-wage effects.
Describe the marketing effect of migration.
Economic and social policies that affect rural and urban ________ will directly or indirectly influence the migration process. (a) Real incomes. (b) Population growth. (c) Health care. (d) Congestion.
The McCarren-Walter Act adopted a nuanced immigration policy. converted the quota-based immigration system into a system based on labor needs. gave continuity to the quota-based immigration system. declared that no foreign-born Americans could ever be deported. O decided to maintain the quota-based immigration system only in regard to European countries.
"What is the Short-run and Long-run Impact of Immigration on the Wage of Native Workers?