Migration and unemployment in an efficiency wage model of a small open economy

International migration affects equilibrium unemployment in a small open economy characterised by efficiency wages. Immigration into employment reduces unemployment rates, and immigration into unemployment increases them. The effect of emigration depends on its impact on the aggregate job turnover rate.

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Year of publication:	2005
Authors:	Bleaney, Michael
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 6.2005, 21, p. 1-6
Publisher:	AccessEcon
Subject:	efficiency wages

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	F2 - International Factor Movements and International Business ; J6 - Mobility, Unemployment, and Vacancies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005196459