Article (Scientific journals)
Is a Policy of Free Movemet of Workers Sustainable?
Picard, Pierre M; Worrall, Tim
2015In Scandinavian Journal of Economics
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Keywords :
labor market flexibility; migration; sustainable plan
Abstract :
[en] This paper studies the costs and benefits of the adoption of the policy of free movement for workers. For the countries to agree on uncontrolled movement of workers, the short run costs must be outweighed by the long term benefits that result from better labor market flexibility and income smoothing. We show that such policies are less likely to be adopted when workers are impatient and less risk averse workers, when production technologies display decreasing returns and when countries trade a share of their products.
Disciplines :
Social economics
Author, co-author :
Picard, Pierre M ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Worrall, Tim;  University of Edinburgh
External co-authors :
yes
Language :
English
Title :
Is a Policy of Free Movemet of Workers Sustainable?
Publication date :
2015
Journal title :
Scandinavian Journal of Economics
ISSN :
1467-9442
Publisher :
Blackwell Publishing, Oxford, United Kingdom
Peer reviewed :
Peer Reviewed verified by ORBi
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since 15 March 2016

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