Patrick
Movies
Stanford
TU Wien
Nachhilfe
Human Migration and Migration of Firms
An Agent based Simulation
Abstract
Workers, considering migration costs, will change location if expected wages are higher. The same counts for firms. Trying to increase profits, firms switch location if they expect wages to be lower.
I try to simulate both. Human migration and migration of firms. Both influencing wages in their respective location.
The focus of this work is on the effects of migration costs. I expect high cost of migration to increase wage separation across different locations. While moderate migration costs should over time reduce wage separation.
My first dismal approach to Human Migration and Migration of Firms based on
- Inductive Reasoning and Bounded Rationality (The El Farol Problem)
by Arthur - Migration, Unemployment and Development: A Two-Sector Analysis
by Harris, Todaro (1970).
Workers, considering migration costs, will change location if expected wages are higher. The same counts for firms. Trying to increase profits, firms switch location if they expect wages to be lower.
I try to simulate both. Human migration and migration of firms. Both influencing wages in their respective location.
The focus of this work is on the effects of migration costs. I expect high cost of migration to increase wage separation across different locations. While moderate migration costs should over time reduce wage separation.
Human Migration in an Expanding European Union
I just finished a work on migration in Europe. It's a summary of three papers on the subject.
- Migration, Unemployment and Development: A Two-Sector Analysis by Harris, Todaro
- Potential Migration from Central and Eastern Europe into the EU-15 - An Update by Brücker, Alavarez-Plata, Siliverstovs
- Growth and Immigration Scenarios: Turkey-EU by Erzan, Kuzubas, Yildiz
Certainly good material for my master thesis.