100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ECON0041 Migration and Job Search Summary UCL £12.49   Add to cart

Summary

ECON0041 Migration and Job Search Summary UCL

 70 views  3 purchases

A detailed summary of the lecture material for Economics of Migration and Job Search (ECON0041) taught by Dr Suphanit Piyapromdee, complete with information from live lectures and additional information from academic papers. Final mark: 72%

Preview 4 out of 58  pages

  • June 13, 2023
  • 58
  • 2022/2023
  • Summary
All documents for this subject (6)
avatar-seller
joelchoo
WEEK1


modelling decisions
migration

Forcountryofhomecountryandcountry I thostcountryl



skills manual Sm
cognitive Sc

skills
Price manual b t countryi fi o 1
cognitiveskills je hostcountry1
Productive
capacity
humancapital
bis bimsmtbic.sc
inefficiencyunits

Returntohumancapital Rit
incountryi timeperiod t

n
t
In wit InRie bis



Decision
making
Oneshotmigrationdecision noreturn

Liverfortperiods

LetCbethemigrationcosts
fixedcost


net
gains
Eeoc e EEolitige c
oflifetimey
pinvhost Pingshiffie
country



migrateif I o

maynotmigrateevenif I o if
v largeC creditconstrainedpeoplecan'tafford
upfrontcortcevenw netgain
a preferencesforamenities nonmonetary
4 weather 4 family

, Addingreturnmigration

Liverfor Tperiods

Decideswhetherto
migrateandhowlongtomigratefor
t

Tiamat homecountryo
yes cjl hostcountry 1
utilityfromlivingincountry
4 assumeEo E homebiasedpreferences


Max lifetime u
Ej Cj s t budgetconstraint


pricesof
goods
given Eos E p pot
hotter

therformigrgingffstbethat


Now letp p withhomebiasedpreferences


case I wot et homebiasedpreferences

Yin
is
country
Motiveto host p
country




case 2 w I incomeeffect ed
Yin
aime relativeto host I don'tneedtoworkasmuchforsomeearnings
country country

substitutioneffect et
relative
wages

workmoreto earnmoresincewt

, WEEK2




IRoymodelI




country E emigration I immigration


Labour
income Ye incountryE Yji N Mj651 Ij E Il
Yeiincountry I GulYei YIi GIE

Si n N10,11 Cov51,521 0
manual Sa


Productive
capacity UI bees t beS2 incountry I
valueofhumancapital
UE BEISI t beSa incountryE
p gg


i returnofworker i incountryj is eds Rjxebjest this
yj Rj x
j
t bi
252
yj Rj xebi's iny Yj InRj t bjas t bj 2 Yji Mj tUji
5

, Yj N Hj Gj


Yji Hj tUji
var Yj 6 Varlie t Uji

var bias t basal
uajq.lt
var
triffid
t var
bys basal

bjIvarI tbjIvars2l
201gg
jj
siintoIt

6 by t by Vcr at
ya YE
forhighershillprices incomevariance f


CovYa YEI GIE ElYzYel E Ya E Ye
E I MI t beS t bySa Me t beaSI t be
252 I HIME

it
3 es s.t m
1
E1si2l 1Elsisj1 o Else1 0 Els4 1


CovYa YEI ColMtai Meta I Coolte MItoutte u I Could I Couldmet Covus I GIE beebe t beby
0



Letthemigrationcostsbe a
worker i migrates if





µ t Uzi k ME t Ei t
UIi UEi Met K HI y N lpg by t bit
Indomuarables

g

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller joelchoo. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£12.49  3x  sold
  • (0)
  Add to cart