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 this net gain depends on incomes in the states of origin and destination and on migration costs.
Show how one can use the human capital framework to obtain an estimate of migration costs.
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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