2.3 Migratory Tides

2.3 Migratory Tides - Section 2, #3. The migratory tides...

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Section 2, #3 . The migratory tides have risen and dwindled over the last 150 years. Describe the migratory patterns in history, discuss the factors that contributed to the evolution, and the distributional effects in the sending and receiving economies. Synopsis: Migratory patterns closely linked to globalization patterns in that there was a first and second major wave of globalization (interrupted by World War I until about the 1950s when transportation costs greatly dropped for airline travel) The migration patterns follow average wages. Migrants travel in countries of low wage to countries with higher wages, and the long term effect is the reduction in this wage gap. The 2 great historical migrations we saw were from Europe and Asia Today there are migrations of people with very low skill levels and people with high skill levels. Migration of highly skilled people is known as “brain drain.” Migration levels are also effected when host countries implement restrictions. Example Chinese exclusion act of 1882 in the US. 10% increase in supply of labor reduces wages by 3-4 percent (affects destination countries) Abstracts of * Readings: THE LABOR DEMAND CURVE IS DOWNWARD SLOPING: REEXAMINING THE IMPACT OF IMMIGRATION ON THE LABOR MARKET George Borjas. Abstract: “Immigration is not evenly balanced across groups of workers that have the same education but differ in their work experience, and the nature of the supply imbalance changes over time. This paper develops a new approach for estimating the labor market impact of immigration by exploiting this variation in supply shifts across education-experience groups. I assume that similarly educated workers with different levels of experience participate in a national labor market and are not perfect substitutes. The analysis indicates that immigration lowers the wage of competing workers: a 10 percent increase in supply reduces wages by 3 to 4 percent.” International Migration and the Integration of Labor Markets. Chiswick and Hatton Abstract: This paper is concerned with the determinants and consequences of intercontinental migration over the past four centuries. It begins with a review of the history of primarily trans- Atlantic migration to the New World during the period of Colonial settlement. The contract and coerced migration from Europe and Africa gave way, from the 18th century, to an era of
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This note was uploaded on 04/19/2010 for the course ECON 0430 taught by Professor Arroyoabad during the Fall '10 term at Middlebury.

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2.3 Migratory Tides - Section 2, #3. The migratory tides...

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