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In 2015, many refugees arrived to some European countries. Assume most of them did not speak the local language and could only take low-skilled jobs.
In 2015, many refugees arrived to some European countries. Assume most of them did not speak the local language and could only take low-skilled jobs. In the canonical model of labor supply and demand, what are the predicted wage effects for skilled and unskilled workers in these countries? Also explain the mechanism
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