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Michael Bleaney
 
''Migration and unemployment in an efficiency wage model of a small open economy''
( 2005, Vol. 6 No.21 )
 
 
International migration affects equilibrium unemployment in a small open economy characterised by efficiency wages. Immigration into employment reduces unemployment rates, and immigration into unemployment increases them. The effect of emigration depends on its impact on the aggregate job turnover rate.
 
 
Keywords: efficiency wages
JEL: F2 - International Factor Movements and International Business: General
J6 - Mobility, Unemployment, and Vacancies: General
 
Manuscript Received : Nov 09 2005 Manuscript Accepted : Nov 09 2005

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