Dokumento detalye

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Sanaysay

Migrants in a Guest-Worker System: A Utility-Maximizing Approach

Petsa

1989

May-akda

Slobodan Djajic

Buod

This paper examines the behavior of utility-maximizing migrants in a system of guest-worker migration. Their pattern of leisure and commodity consumption at home and abroad is analysed and related to those chosen by the natives of the host country and the non-migrants of the source country. The paper also highlights an important distinction between permanent and temporary migration. While a permanent migrant is primarily interested in the real-wage differential between countries of immigration and emigration, a guest worker's decision to migrate depends on both the real and the nominal differential. The relative importance of the nominal differential is found to be inversely related to the degree of concavity of his instantaneous utility function.

Unibersidad

University of Stockholm

Akademikong Department

International Economics

Lugar ng publikasyon

Kingston, Ont.

Connections

Pang-ekonomiyang sektor

Iba

Mga Uri ng Nilalaman

Policy analysis

Target na mga grupo

Mananaliksik

Geographical kaugnayan

International Organizations, Reyno Unido, and Regional relevance

Spheres ng aktibidad

Ekonomya

Wika

Ingles