suppose potential migrants are risk averse. What might happen to the migrant equilibrium and the size of the urban sector. Illustrate with a graph using the harris todaro model of rural - urban migration

suppose potential migrants are risk averse. What might happen to the migrant equilibrium and the size of the urban sector. Illustrate with a graph using the harris todaro model of rural - urban migration

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter26: Factor Markets: With Emphasis On The Labor Market

Section26.2: The Labor Market

Problem 3ST

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suppose potential migrants are
risk averse. What might happen
to the migrant equilibrium and
the size of the urban sector.
Illustrate with a graph using the
harris todaro model of rural -
urban migration

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