ECON 2513 Chapter Notes - Chapter 3: Immigration, Real Wages, Network Effect
Document Summary
Emigration in the long run: evidence from two global centuries. International migration in the last half century- characterised as inexorable upwards trend stemmed from tougher immigration policies in rich oecds. This view fails pay attention supply side forces which drive emigration from poor to rich. Assume inexorable trend in pressure to migrate from poor to rich countries. Economic gap between rich and poor countries remains large. Share of working age adults in industrialised countries shrinks. Seems to be stemmed from tougher immigration policy in developed world. However, view is inconsistent w/ historical and contemporary evidence, attention should be given to fundamentals which drive emigration from supply side. Late 19th century mass migration not fully explained by real wage or income gaps. Emigration hump: emigration rates rose steeply at first after which the rise began to slow as rates climbed to a peak and subsequently fell.