Immigration & Low-Skilled Labor
This is an excerpt from the paper...
Essentially, Chiswick contends that the immigration of low-skilled labor into a country need not harm the low-income labor already resident in the receiving country if a benign income transfer system subsidizes any income losses suffered by the resident low-skilled labor while simultaneously maintaining the level of income for resident high-skilled labor. An implicit condition in this scenario is that the immigrating low-skilled labor will paid wages lower than those being earned by the resident low-skilled labor prior to the immigration, and that income transfers will not be made to the immigrating low-skilled labor to raise their income to the lev
. . .
Some common words found in the essay are:
Essentially Chiswick, Country Prior, Net Difference, Rate Harpo, Swap Opportunities, Rate Chico, Groucho Chico, low-skilled labor, net difference, libor +, floating rate, rate swap, resident low-skilled, resident low-skilled labor, Fixed Rate, Company Fixed, Rate Floating, companies opportunity rate, swap companies, differences companies, rate differences, companies opportunity, rate differences companies, differences companies opportunity, floating rate differences,
Approximate Word count = 454
Approximate Pages = 2 (250 words per page)
More Essays on Immigration & Low-Skilled Labor
|
Customer Service
to Over
32,000 Professionally Written Papers!!!
