What are the sources of the effects on convergence

Assignment Help Econometrics
Reference no: EM131144862

Migration in neoclassical growth models

a. Under what circumstances does the potential for migration raise the speed of convergence in the Solow-Swan model? What about in the Ramsey model? What are the sources of the effects on convergence?

b. Might a government of a country that is receiving immigrants find it desirable to restrict the number that come? Might the government wish to charge a fee for immigration? Would the fee tend to vary with the immigrant's quantity of human capital?

c. Redo part b for the case of a country that is sending emigrants.

Reference no: EM131144862

Questions Cloud

What is the criterion of realism decision : Develop a three-year weighted average to predict demand in year 12, in which sales in the most recent year is given a weight of 4, the second most recent year is weighted 2 and sales in the third most recent year has a weight of 1.
Why is it necessary to use comparative balance sheets : Why is it necessary to use comparative balance sheets, a current income statement, and certain transaction data in preparing a statement of cash flows?
Summarize new year rituals associated with shinto : Summarize New Year rituals associated with Shinto.
Give three examples of significant non cash transactions : Give three examples of significant non cash transactions that would be reported in this section.
What are the sources of the effects on convergence : Under what circumstances does the potential for migration raise the speed of convergence in the Solow-Swan model? What about in the Ramsey model? What are the sources of the effects on convergence?
Identify the issues your strategy is addressing : Identify the issues your strategy is addressing. Identify your rationale for choosing these issues. Identify the solutions you expect your strategies to achieve. You must use at least one outside resource to support your discussion.
Why is it important to disclose certain non cash transaction : Why is it important to disclose certain non cash transactions? How should they be disclosed?
Demonstrate how it differs from absolute convergence : Discuss the concept of leapfrogging and demonstrate how it differs from absolute convergence.
Write corresponding opportunity that will created for health : Provider Opportunities: For each of the issues faced by "boomers" that you list, write a corresponding opportunity that will be created for healthcare providers to meet the growing needs of the aging "boomers."

Reviews

Write a Review

Econometrics Questions & Answers

  How many acres should the farmer plant an harvest

A purely competitive wheat farmer can sell any wheat he grows for $10 per bushel. His five acres of land show diminishing returns, because some are better suited for wheat production than others. The first acre can produce 1000 bushels of wheat.

  How much did the unemployment rate increase

Which recession had the largest increase in the rate of unemployment? Begin with the month before the quarter in which output first falls and measure to the highest level of the unemployment rate before the next recession.

  Engaged in cournot competition

There are two firms in an industry, engaged in Cournot competition. The firms compete repeatedlyin successive time periods. Occasionally, one of the firms is required to produce a certain amount(due to production constraints). This amount is known to..

  What happened to the level of consumer sentiment

Now find every year where the growth in disposable income per person is negative. Does the index of consumer sentiment rise or fall in that quarter?

  How does the field-burning law affect rice consumers

In the state of California, rice growers burn their field stubble to sanitize their fields. The field burning causes serious air pollution. The alternative sanitizing method costs $150 per acre.

  What is the average cost of producing devices per year

The Haverford Company is considering three types of plants to make a particular electronic device. Plant A is much more highly automated than plant B, which in turn is more highly automated than plant C. For each type of plant, average variable co..

  Determine gdp by both the expenditures and income approaches

Then determine NDP. The Expenditure approach equals out to $361 Billion, the way to find this is to add up all the expenses, and the Income approach equals out to $380 billion and the way to find this part is to add up all the income. With that de..

  What is the marginal revenue of the 101st pound of heirloom

What is the marginal revenue of the 101st pound of heirloom tomatoes?

  What is the average variable cost-avc as a function

John's Lawn Mowing Service is a small business that acts as a price taker. John's short-run total cost is given by STC = 0.1q2 + 10q + 50, where q is the number of acres John chooses to cut a day. Total fixed cost is TFC = 50 and total variable co..

  How much consumer surplus do consumers receive

The demand curve for product x is given by Qx^d=460-4Px a.)Find the inverse demand curve. b.)How much consumer surplus do consumers receive when Px=$35 c.)How much consumer surplus do consumers receive when Px=$25

  Results of multiple regression analysis

Fit a multiple regression model of y on x1 and x2. Fit two simple linear regressions: (I) y on x1; (II) y on x2. Compare the results of multiple regression analysis with each of  simple linear regressions.

  Compute the dollar gain or loss to domestic consumers

where P is the price in cents per kilo and Q is the quantity in millions of kilos. Canada is a small producer in the world chick pea market, where the current world price (which will not be affected by anything we do) is 60 cents per kilo. The Gov..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd