Migration and Social Replacement Incomes : How to Protect Low-Income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration

@inproceedings{2005MigrationAS,
  title={Migration and Social Replacement Incomes : How to Protect Low-Income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration},
  author={},
  year={2005}
}
  • Published 2005
This paper discusses how an industrialized country could defend the living standard of its unskilled workers against the wage competition from immigrants. It shows that fixing social replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first order efficiency losses that approximate the budget cost of… CONTINUE READING