While examining the impact of immigration into the United Kingdom on wages over the period 1992-2014, Nickell

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While examining the impact of immigration into the United Kingdom on wages over the period 1992-2014, Nickell and Saleheen (2015) find that a \(10 \%\) rise in immigrants working in semi/unskilled services-for example, in care homes, bars, shops, restaurants, and cleaning-led to a \(1.88 \%\) fall in average wages. Use these results in a supply-anddemand diagram to illustrate the effects of immigration in the market for unskilled labor in the United Kingdom. In doing so, what inference can be drawn from the Nickell and Saleheen (2015) findings about the relative elasticities of demand and supply?

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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