LABOR ECONOMICS LL W/ ACCESS >IC<
7th Edition
ISBN: 9781260144772
Author: BORJAS
Publisher: MCG CUSTOM
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Question
Chapter 8, Problem 1RQ
To determine
Determine how the workers who wish to maximize the present value of lifetime earnings calculate the net gains to migration.
Expert Solution & Answer
Explanation of Solution
According to the trend, employees calculate the value of employment opportunities available in the each of the alternative destinations and subtract the cost of moving from the origin to the destination. They then determine which option maximizes the
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Students have asked these similar questions
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.
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.
Which of the following does theory of labor migration predict?
a. Workers are likely to migrate from low-wage states to high-wage states.
b. Workers are likely to migrate from high-wage states to low-wage states.
c. Workers migrate randomly.
d. Workers migrate at most twice per lifetime.
e. Older workers are more likely to migrate than are younger workers.
Chapter 8 Solutions
LABOR ECONOMICS LL W/ ACCESS >IC<
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- How the following factors influence the present value of net benefits of migration. i) Interest rate ii) Earnings from existing job iii)arrow_forward[item no.21] (Multiple Choice) _____________refers to the idea that women are playing an increasing role in all regions and all types of migration a. Globalization of migrationb. Feminization of migrationc. Acceleration of migrationd. Differentiation of migrationarrow_forwardAccording to standard migration theory, how will skill selection (positive vs. negative) change on average as the distance between the source country and the destination country decreases?arrow_forward
- [item no.4] (Multiple Choice) Which among the following is an example of involuntary migration? a. Africans migrated because of war and hunger b. Asians were forced to move out of Uganda by Idi Amin in the 1970s.arrow_forward[item no.6] (Multiple Choice) Which among the following is an impact of migration to the country of origin? a. Increasing human capital (commuting, temporary migration)b. Increasing internal mobilityc. All is correctd. Brain circulationarrow_forwardHow do you think the U.S. government should regulate migration? Should there be limits in general and/or on particular groups? Why or why not?What effects do you think this migration policy will have on the composition of the United States? In particular, how will it affect urbanization trends?arrow_forward
- How is significant the relationship between migration and income inequality to the community, the people, and various institutions? Explain.arrow_forwarda)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?arrow_forwardSuppose high-wage workers are more likely than low-wage workers to move to a new state for a better job. a. Explain how this migration pattern can be due solely to differences in the distribution of wages. b. Explain how this migration pattern can take place even if the cost to move is greater for high-wage workers.arrow_forward
- How might the output and income gains from immigration shown by the simple immigration model be affected by (a) unemployment in the originating nation, (b) remittances by immigrants to the home country, and (c) backflows of migrants to the home country?arrow_forwardWith an example explain the concept of push migration and pull migration.arrow_forwardExplain the possible reason, why in 2021 the number of registered migrant workers is decreasing?arrow_forward
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