Immigration and real wages
This paper derives conditions under which immigration may raise nominal and real wages in a small open economy. The mechanism for such a paradoxical outcome is a demand-induced increase in the prices of labour-intensive non-traded goods.
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| Format: | Journal article |
| Language: | English |
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Elsevier
1989
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| Summary: | This paper derives conditions under which immigration may raise nominal and real wages in a small open economy. The mechanism for such a paradoxical outcome is a demand-induced increase in the prices of labour-intensive non-traded goods. |
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