MGEB60H3 Lecture Notes - Lecture 1: George J. Borjas, Economist Group, Real Interest Rate
The following questions are related to the article myths and migration: do immigrants really. Hurt american workers" wages? , the economist, april 6th, 2006. (see pages 2 & 3) Support your answer using two labour market diagrams: one for the low-skilled workers and one for the high-skilled workers. Explain and support your answer using a diagram for the rental market for capital. Hint: fully adjusted refers to the very long-run. Every now and again america, a nation largely made up of immigrants and their descendants, is gripped by a furious political row over whether and how it should stem the flood of people wanting to enter the country. It is in the midst of just such a quarrel now. Congress is contemplating the erection of a wall along stretches of the mexican border and a crackdown on illegal workers, as well as softer policies such as a guest-worker programme for illegal immigrants.