LABOR ECONOMICS
8th Edition
ISBN: 9781260004724
Author: BORJAS
Publisher: RENT MCG
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Question
Chapter 8, Problem 7P
To determine
Determine how the given trend affects the job mobility.
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Students have asked these similar questions
The Economist article, Left in the Lurch, notes that throughout history many places that have experienced economic hardships have seen their residents leave. But, it notes that such "mobility" by workers from such places is _______ in the U.S. today. Part of this dynamic reflects policies that ______ population growth in more thriving communities (and thus make it more difficult for workers to relocate). Another part of this dynamic reflects public policies that often ______ the incentive to move. Choose the correct combination from the choices below. a. decreasing; enhance; increase b. increasing; restrict; reduce c. decreasing; restrict; reduce d. increasing; enhance; reduce
The graphs below show demand for labor in two countries, A and B, and several vertical labor
supply curves. Use these diagrams to answer the question about the effects of migration from one
country to the other in search of a higher wage. Let the amount of migration (change in labor
supply) be equal to the (identical) horizontal distance between the supply curves in both graphs.
Country B
Country A
Se
SB
WB
SA
SA
WA
d
PB
h
b
a
DA
LB
LA
What is the effect of this migration on the welfare of workers who migrate?
They gain area g
They gain area (g+h+e)
They gain area (a+b+c).
O They gain area (g+h)
In 2021 the number of registered migrant workers is decreasing. Why do you think it happen?
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Similar questions
- Classify the following:A student who has begun applying for jobs but has not yet found one: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An actor who works part-time at a restaurant but is looking for full-time work: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. A retiree who will work if a job becomes available but is not actively applying: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An employee on temporary maternity/paternity leave: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population.arrow_forwardHow is significant the relationship between migration and income inequality to the community, the people, and various institutions? Explain.arrow_forwardIf wages are rising over time, what would you predict about the trend in the labor force participation for each of the two populations?arrow_forward
- What are the benefits to future researchers if we investigate the relationship between migration and income inequality?arrow_forwardSuppose a worker with an annual discount rate of 8 percent currently resides in Chicago and is deciding whether to remain there or to move to Phoenix. There are three work periods left in the life cycle. If the worker remains in Chicago, he will earn $40,000 in each of the three periods. If the worker moves to Phoenix, he will earn $43,500 in each of the three periods. What is the highest cost of migration that a worker is willing to incur and still make the move?arrow_forwardThe graphs below show demand for labor in two countries, A and B, and several vertical labor supply curves. Use these diagrams to answer the question about the effects of migration from one country to the other in search of a higher wage. Let the amount of migration (change in labor supply) be equal to the (identical) horizontal distance between the supply curves in both graphs. Country B Country A SB SB WB WA SA SA d e g PB h a b DA LA LB What is the effect of this migration on the welfare of factors other than workers in Country A? They gain area (a+b) They lose area (a+b) They gain area b They lose area (a+b+c).arrow_forward
- Discuss costs and benefits of job search.arrow_forwardSuppose a worker with an annual discount rate of 10 percent currently resides in Pennsylvania and is deciding whether to remain there or to move to Illinois. There are three work periods left in the life cycle. If the worker remains in Pennsylvania, he will earn $20,000 per year in each of the three periods. If the worker moves to Illinois, he will earn $22,000 in each of the three periods. What is the highest cost of migration that a worker is willing to incur and still make the move?arrow_forwardDo you think the benefits of labor migration outweigh the problems and incidents that causes on the life of the migrant workers and their families? Explain briefly.arrow_forward
- a)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_forwardMigration and income inequality is negatively related or positively related? Why?arrow_forwardWhat region of the United States has the highest Upward Mobility? West Coast Southwest Great Plains Industrial Midwest Southarrow_forward
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