Show how workers who wish to maximize the present value of lifetime earnings calculate the net gains

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Show how workers who wish to maximize the present value of lifetime earnings calculate the net gains to migration. And discuss how the net gain depends on incomes in the states of origin and destination and on moving costs.

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Labor Economics

ISBN: 9781260565522

8th Edition

Authors: George Borjas

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Question Posted: Apr 28, 2024 03:01 AM

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Show how workers who wish to maximize the present value of lifetime earnings calculate the net gains

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Workers who aim to maximize the present value of their lifetime earnings often consider the net gains to migration when making decisions about whether to migrate or not The net gain to migration is th...View the full answer

Labor Economics

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