Tubul's Crisis The Sea, a Lifeblood of Chilean Towns, Turns Deadly After a Quake.

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Presentation transcript:

Tubul's Crisis The Sea, a Lifeblood of Chilean Towns, Turns Deadly After a Quake

Tubul, Chile's Labor Market Real Wage Rate LD LS EWR Labor EQL

Tubul, Chile's Labor Market Real Wage Rate LD LS Decrease in LD - due to closure/destruction of firms in the Tubul, Chile area EQ EWR LD² Labor EQL

Tubul, Chile's Labor Market Real Wage Rate LS² LD LS Decrease in LS – decrease of population (death, relocation) in the Tubul, Chile area EWR EQ Labor EQL

"The Sea, a Lifeblood of Chilean Towns, Turns Deadly After a Quake” Resources "The Sea, a Lifeblood of Chilean Towns, Turns Deadly After a Quake” from The New York Times: March 3, 2010 Foundations of Macroeconomics Bade and Parkin

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