International labor flows and national wages

Article Abstract:

The effects of international labor flows on the wages of nationals are examined in the US and other countries. Simple theoretical models suggest that income distribution is affected by two characteristics of immigration. These are the occupations in which immigrant workers are permitted to work and the suitability of alien labor as a substitute for local labor. The analysis contradicts the idea that international labor flows pose a big threat to local labor.

Research, Alien labor, Income distribution, Foreign labor

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Discussion: comment on: tropics, germs and crops: how endowments influence economid development

Article Abstract:

This commentary on research exploring whether institutions or policy have more impact on economic development and how they are in turn affected by environmental and geographic characteristics of the country under study finds that policy itself has no effect on growth, but is affected by the quality of the institution. The flexibility and adaptability of institutions should further be studied.

Europe, Economic aspects, Environmental aspects, Economic conditions, Social institutions

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Comment on: "Strategic innovation and technology adoption in an evolving industry"

Article Abstract:

Different firms take up the use of the dhat results from innovation entirely. Welfare implications are not obvious, since the licensing agreements impact both innovation and the subsequent degree of d

Product Development, Market Research & Product Development, Competition (Economics), Technology application, Technological innovations, Time to market

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