The Migration Surplus Economics 428 Fall 2012.

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Presentation transcript:

The Migration Surplus Economics 428 Fall 2012

Unitary Labor Market (Immigrants are substitutes) Output W1 A B W2 C MRP L1 L2 Labor

The Impact of Migration on Unitary Labor Markets A is the transfer of surplus from workers to employers. B + C is the increased output due to immigration. C is the output going to the migrants. B is the immigration surplus going to the receiving nation.

Segmented Labor Market (Immigrants are comlpiments) Wage wN A w1 B mrp2 wM C mrp1 Labor L1 L2

The Impact of Migration on Segmented Labor Markets A is the gain in surplus by native workers B + C is the increased output due to immigration. C is the output going to the migrants. B is the immigration surplus going to the receiving nation.

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