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

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Presentation on theme: "Tubul's Crisis The Sea, a Lifeblood of Chilean Towns, Turns Deadly After a Quake."— Presentation transcript:

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

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

3

4 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

5 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

6 "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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