Is a Policy of Free Movement of Workers Sustainable?

被引:1
|
作者
Picard, Pierre M. [1 ,3 ]
Worrall, Tim [2 ]
机构
[1] Univ Luxembourg, L-1511 Luxembourg, Luxembourg
[2] Univ Edinburgh, Edinburgh EH8 9JT, Midlothian, Scotland
[3] Catholic Univ Louvain, CORE, Louvain La Neuve, Belgium
来源
SCANDINAVIAN JOURNAL OF ECONOMICS | 2016年 / 118卷 / 04期
关键词
Labor-market flexibility; migration; sustainable plan; FREE-TRADE; IMMIGRATION; MIGRATION;
D O I
10.1111/sjoe.12163
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we study the costs and benefits of the adoption of a policy of free movement of workers. For countries to agree on uncontrolled movements of workers, short-run costs must be outweighed by the long-term benefits of better labor-market flexibility and income smoothing. We show that such a policy is less likely to be adopted when workers are more impatient and less risk-averse, when production technologies display stronger decreasing returns, and when countries trade a significant share of their products.
引用
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页码:718 / 754
页数:37
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